On May 1, Blossom Co, sold merchandise on account to Kaneva Inc. for $28,800, terms 2/10, rv30. Ignore any entries that affect inventory.cost of goods sold, and refund liability for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit May 1 (To record sale on account.) e Textbook and Media List of Accounts On June 30, Blossom Co. charged Kaneva Inc. one month's interest for the overdue account, Blossom charges 10% on overdue accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 30 (To record interest earned.) On July 5, Kaneva paid the amount owing to Blossom Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts Date Account Titles and Explanation Credit Debit July 5 (Collection on account.)