Prepare the journal entries to record the following transactions co Blossom Compary's books using a perpetual imventory system. of no entry is required, select "No Entry' for the occount fittes and enter O for the amounts. Credit account vides are automatically indented when amount is entered. Do not indent monually. Record joumai entries in the onder presented in the problem. (a) On March 2. Blossom Company sold $850,000 of merchandise to Kingbird Company on account, terms 2/10. n/30. The cost of the merchandise sold was $500,000 (b) On March 6 , Kinghird Compary returned $100,000 of the merchandise purchased on March 2. The cast of the merchandise returned was $60,000. (4) On March 12, Alotsom Compary reckived the balance due from Kingbirs Compuny March 6 (b) March 12 (To record return of merchandise) (c) March 12