CALCULATOR MESSAGE HY INSTRUCTOR PULSOREN PRINTER VERSION BACK NEXT Exercise 5-5 Presented below are transactions related to Blossom Company 1 On December 3, Room Company sold 586,700 of merchandise on account to Splish Co., terms 4/10, 130, POB shpoing point. The cost of the merchandise sold was $391,300 2. On December 8, Splish Co. was granted an allowance of $20,000 for merchandise purchased on December 3 On December 13, Blossom Company received the balance de from Splish Co Exercise 5-5 Presented below are transactions related to Bossom Company 1. 2. 3. On December 3, Blossom Company sold 586,700 of merchandise on account to Splish terms 4/10, 130, FOB shing point. The cost of the merchandise old was $391,300 On December 8, Splish Co. was granted an i ce of $20,000 for merchandise purchased on December 3 On December 13, Blossom Company received the balance due from Splish Co. s are automatically indented when amount Prepare the journal entries to record these transactions on the books of Blossom Company in perpetual ventory system (Cred account is entered. Do not indent manually. If mentry gred, select "Mentry for the counts and enter for the amount)