On June 10, Blossom Company purchased $8.000 of merchandise on account from Ayayai Company, FOB shipping point, terms 1/10,730Blossom pays the freight costs of $410 on June 11 Damaged goods totaling $300 are returned to Ayayal for credit on June 12. The fair value of these goods is $70. On June 19, Blossom pays Ayayal Company in full, less the purchase discount. Both companies use a perpetual inventory system. (a) Your Answer Correct Answer Your answer is correct Prepare separate entries for each transaction on the books of Blossom Comparty. (Credit accounts are automatically indented when amount bentered. Do not inden mantas Record journal entries in the order presented in the problem Debit Account Titles and Explanation Intry Credit 3000 Pavate 000 430 MP COSTE Prepare separate entries for each transaction for Ayayai Company. The merchandise purchased by Blossom on June 10 had cost Ayayai $4.500. (Credit account titles are automatically Indented when amount is entered. Do not indent manually Record journal entries in the order presented in the problem Date Account Titles and Explanation Debit Cred (To record credit sale) (To record cost of merchandise sold) (To record merchandise retumed) > To record cost of merchandise resumed)