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Record the following transactions on the books of Blossom Co. (Omit cost of goods sold entries.) (Credit account titles are automatically Indented when amount is

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Record the following transactions on the books of Blossom Co. (Omit cost of goods sold entries.) (Credit account titles are automatically Indented when amount is entered. Do not Indent manually. Record Journal entries in the order presented in the problem) (a) On July 1, Blossom Co. sold merchandise on account to Stacey Inc. for $23,850, terms 4/10, 1/30 (b) On July 8, Stacey Inc returned merchandise worth $2,550 to Blossom Co. (c) On July 11, Stacey Inc. paid for the merchandise Date Account Titles and Explanation Debit Credit

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