The following are transactions between Crane Corp, the consignor, and Blosson Stores Ltd, the consignee, for the month of June 2023. Crane uses a perpetual imventory system and has a stparate perpetuat record for inventory sent out on consignment. At the end of each month, sales are reported by Blossom to Crane and a net payment is made. The agreement stipulates that Blossom is to receive a 20% (of sales) commission and a 7% (of sales) rebate to offset its advertising expenses. June 1 Crane ships merchandise costing \$475,000 on consignment to Blossom Stores June 5 Crane pays the freight of $1,500 for the above shipment of line 1. June 30 Summary entry for the month of June: Blosson sells half of the merchandise for $600,000cash. June 30 Blossom notifies Crane that 50% of the merchandise has been sold for $680,000 and remits a cheque for the amount due under the consignment agreement. Crane records the receipt of the cheque from Blossom. 2 Your answer is partially correct. Prepare the journal entries necessary on the books of Blossom Stores. (Credit account tifles are automatically lindented when the amount is entered. Do not indent manually. If no entry /s required, select /No Entry" for the dccount tities and enter Ofor the amounts: Record joumal entries in the order presented in the problem. Lit all debit eniries beforecredit entried) Record joumal entries in the order presented in the problem. List all debit entries before credit entries.)