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Record the following transactions on the books of Blossom Company (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 Company (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, Blossom Company sold merchandise on account to Stacey Inc. for $23,900, terms 4/10, n/30. (b) On July 8, Stacey Inc. returned merchandise worth $2,500 to Blossom Company. (c) On July 11, Stacey Inc. paid for the merchandise. No. Date Account Titles and Explanation Debit Credit (a) July 1 (b) July 8 (c) July 11

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