03:09:14 Hide Timer Question 10 View Policies Current Attempt in Progress Prepare the journal entries to record the following transactions on Blossom Company's books using a perpetual inventory system. On March 2, Blossom Company sold $971,000 of merchandise on account to Ayayai Company, terms 2/10,n/30. The cost of the merchandise sold was $522,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) Type here to search om ee . OG 2 00) 10:20 AM 03.07:54 Hide Tin On March 6, Ayayal Company returned $97,100 of the merchandise purchased on March 2. The cost of the returned merchandise was $61,100. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record merchandise returned) (To record cost of merchandise returned) On March 12, Blossom Company received the balance due from Ayayal Company (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Type here to search 2 4 de 10:21 AM 0 4/24/202