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Sox 120 x M Inbox 140 x M IMPORTANT X Content education wiley.com/was/w/v2/assessment-player/index.html?launchid-2159281-8ab2-43e6-al-9a95148266as/question Question 3 of 4 < Three transactions for Blossom Gifts are

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Sox 120 x M Inbox 140 x M IMPORTANT X Content education wiley.com/was/w/v2/assessment-player/index.html?launchid-2159281-8ab2-43e6-al-9a95148266as/question Question 3 of 4 < Three transactions for Blossom Gifts are presented here. On October 2, Blossom Gifts purchased $47,000 of merchandise from Sea Toys, terms 2/10, n/30. On October 6, Blossom Gifts returned $2.600 of the merchandise purchased on October 2 On October 12, Blossom Gifts paid the balance due to Sea Toys a. How much cash is paid by Blossom Gifts on October 12? Cash Payment S 8.880 b. Post the transactions to the T-accounts. (Post entries in the order displayed in the problem statement. Accounts Payable Oct 2 47,000 Oct. 6 37.600 Oct. 12 2,600 Bal 6.800 Inventory Oct. 2 47000 Oct 2 9400 a Oct. 6 2,000 Bat 12.000 Dil 2 " IT Prison 16 Home

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