On August $1,$ Blossom Company buys $1,000$ shares of Estrada common stock for $$36,000$ cash. On December $1,$ Blossom sells the stock investments for $$39,000$ in cash.

Journalize the purchase and sale of the common stock. $($Llst all deblt entries before credit entrles. Credit account titles are automatically Indented when amount is entered. Do not indent manually. Record journal entries in the order presented In the problem. If no entry is required, select $"$No entry" for the account titles and enter O for the amounts.$)$

Date Account Titles and Explanation

Debit

Credit