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R. Blossom Co. uses special journals and a general journal. The following transactions occurred during May 2022. May R. Blossom invested $50,800 cash in the
R. Blossom Co. uses special journals and a general journal. The following transactions occurred during May 2022. May R. Blossom invested $50,800 cash in the business. 1 2 Sold merchandise to Lawrie Co. for $6,700 cash. The cost of the merchandise sold was $4,220. 3 Purchased merchandise for \$7,120 from J. Moskos using check no. 101. 14 Paid salary to H. Rivera $720 by issuing check no. 102. 16 Sold merchandise on account to K. Stanton for $925, terms n/30. The cost of the merchandise sold was $590. 22 A check of $8,930 is received from M. Mangini in full for invoice 101; no discount given. R. BLOS Cash Rece BLOSSOM CO. Receipts Jourmal Cr. Sales Revenue Cr. Other Accounts Cr. Cost of Goods Sold Dr. Inventory Cr. eTextbook and Media
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