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hello, its a 3 part question a,b,c that i need your help. thank you (a) On March 2, Blossom Company sold $960,000 of merchandise on
hello, its a 3 part question a,b,c that i need your help.
(a) On March 2, Blossom Company sold $960,000 of merchandise on account to Pina Company terms 3/10, 1/30. The cost of the merchandise sold was $562,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit (To record credit sale) I (To record cost of merchandise sold) (b) On March 6, Pina Company returned $96,000 of the merchandise purchased on March 2. The cost of the returned merchandise was $59,000. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit (To record merchandise returned) I (To record cost of merchandise returned) (c) On March 12, Blossom Company received the balance due from Pina Company. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit thank you
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