Business, 15.07.2019 00:30 bunbun2913

Prepare the journal entries to record these transactions on blossom company's books using a periodic inventory system. (if no entry is required, select "no entry" for the account titles and enter 0 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.) (a) on march 2, blossom company purchased $860,500 of merchandise from sunland company, terms 2/10, n/30. (b) on march 6, blossom company returned $111,600 of the merchandise purchased on march 2. (c) on march 12, blossom company paid the balance due to sunland company. no. date account titles and explanation debit credit (a) (b) (c)

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Prepare the journal entries to record these transactions on blossom company's books using a periodic...