Record the purchase on October 10 and sale on October 12 for Blossom Company in a perpetual inventory system under (1) FIFO and (2) weighted average. (Round the weighted average cost per unit to three decimal places, eg. 5.275 and final answers to 2 decimal places, eg. 5,275.25. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Date Account Titles and Explanation Perpetual-FIFO Debit Credit Oct. 10 (To record purchase on account.) Oct. 12 (To record cash sales.) Oct. 12 (To record cost of goods sold.) Perpetual -Weighted Average Oct. 10 11:14 7/1/2 rses/45012/assignments/4953952 Blossom Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Information follows for Blossom's purchases and sales of the ultra-lightweight snowboard in October: Unit Sales Price Units 25 Unit Purchase Price $295 301 30 Date Transaction Oct. 1 Beginning inventory 10 Purchase 12 Sale 13 Purchase 25 Sale 27 Purchase $456 307 (42) 35 (45) 20 466 313 Assume that all of Blossom's sales are for cash and all of its purchases are on account. Record the purchase on October 10 and sale on October 12 for Blossom Company in a perpetual inventory system under (1) FIFO and (2) weighted average. (Round the weighted average cost per unit to three decimal places, e.g. 5.275 and final answers to 2 decimal places, e.g. 5,275.25. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter Ofor the amounts.) Debit Credit Date Account Titles and Explanation Perpetual--FIFO 112 7/17