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Screenshot Your answer is partially correct. Prepare the journal entries to record the following transactions on Blossom Company's books under a perpetual inventory system. (
Screenshot Your answer is partially correct. Prepare the journal entries to record the following transactions on Blossom Company's books under a perpetual inventory system. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. a On March Kingbird Company sold $ of merchandise to Blossom Company on account, terms The cost of the merchandise sold was $ b On March Blossom Company returned $ of the merchandise purchased on March The cost of the merchandise returned was $ c On March Kingbird Company received the balance due from Blossom Company. Date Account Titles and Explanation Debit GRM PM F Scree tableEa creen March Inventory Accounts Payable SUPPORT Accounts Payable
Screenshot
Your answer is partially correct.
Prepare the journal entries to record the following transactions on Blossom Company's books under a perpetual inventory system. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.
a On March Kingbird Company sold $ of merchandise to Blossom Company on account, terms The cost of the merchandise sold was $
b On March Blossom Company returned $ of the merchandise purchased on March The cost of the merchandise returned was $
c On March Kingbird Company received the balance due from Blossom Company.
Date
Account Titles and Explanation
Debit
GRM
PM
F
Scree
tableEa
creen
March Inventory
Accounts Payable
SUPPORT
Accounts Payable
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