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On October 5, Kingbird Company buys merchandise on account from Blossom Compary. The selling price of the goods is 55,010 , and the cost to
On October 5, Kingbird Company buys merchandise on account from Blossom Compary. The selling price of the goods is 55,010 , and the cost to Blossom Company is 53,010, On October 8 . Kinghird returns defective goods with a selling price of 5650 and a scrap value of $250 Record thet transactions of Kingbird Company, assuming a perpetual approach. (Nf no entry is requined, select "No Entry" for the account tites and enter Ofor the amounts. Credit account tites are automotically indented when amount is entered. Do not indent manually. Recorh joumalentries in the order presented in the problem List all debit entries before credit entries)
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