Presented below are transactions related to Blossom Company. 1. On December 3, Blossom Company sold $584,300 of merchandise on account to Swifty Co, terms 3/10,n/30,FOB shipping point. The cost of the merchandise sold was $359,300. 2. On December 8, Swifty Co. was granted an allowance of $21,500 for merchandise purchased on December 3 . 3. On December 13, Blossom Company received the balance due from Swifty Co. Prepare the journal entries to record these transactions on the books of Blossom Company using a perpetual imvenitory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (To record credit sale) (To record cost of merchandise sold) 2. 3. Dec. 3 Dec, 8 bec. 13 tan. 2