Exercise 6-2 The following transactions are for Sunland Company 1. 2. 3. On December 3, Sunland Company sold $473,800 of merchandise to Blossom Co. on account. The cost of the merchandise sold was $320,000. On December 8, Blossom Co. returned $22,800 of merchandise purchased on December 3, The cost of the goods was 16,000. On December 13, Sunland Company received the balance due from Blossom Co. Prepare a tabular summary to record these transactions for Sunland Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets Liabilities + Stockholders' Equity Retained Earnings Exp. Cash +Accts. Rec.+ Accts. Pay. +Common Stock + Rev. = . Dec. 3 13 Click if you would like to Show Work for this question: Open Show Worlk