Questions On July 1, 2021, Blossom Company purchases equipment for $44,400. The company uses straight-line depreciation. It estimates the equipment will have a 10-year ife. Blossom Company has a December 31 year end. (a) Record the purchase of the equipment. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. I no entry is required, select "No Entry" te Account Titles and Explanation Debit Credit De July 1/21 By accessing this question Assistance, you will learn while you earn points based on the Point Potential policy set by your instructor Attemptsio of 2 used