Prepare the journal entries to record the following transactions on Blossom Company's ULARS no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the ander presented in the problem. List all debit entries before credit entries) On March 2. Blossom Company sold $850,000 of merchandise to Kingbird Company on account, terms 2/10/30 The cost of the merchandise sold was $500,000 (b) On March 6, Kingbird Company returned $100,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $60,000 (c) On March 12. Blossom Company received the balance due from Kingbird Company Safari Fle Edt View History Bookmarks Window HWD 08 Ch5-HW Question 3 of 10 educationaley.com Q -/1 1 Date Account Titles and Explanation Debit Credit (To record sale of merchandise on accoun (to record cost of goods sold) (To record return of methandise) Wed Feb 22 52 PM 0 + B Co record return of merchandise) (To recond cost of goods returned) eTextbook and Media List of Accounts Attempts 0 of 3used