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Exercise 8-1 On January 6, Blossom Company sells merchandise on account to Harley Inc. for $11,500, terms 3/10, n/30. On January 16, Harley pays the
Exercise 8-1 On January 6, Blossom Company sells merchandise on account to Harley Inc. for $11,500, terms 3/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Blossom Company's books to record the sale and related collection. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 16 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 5 used SAVE FOR LATER SUBHIT ANSWER Earn Maximum Points avalilable only if you answer this question correctly in four attempts or less
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