Question 5 of 9 -/13 Current Attempt in Progress Prepare the journal entries to record the following transactions on Blossom Ltd's books using a perpetual inventory system On March 2, Blossom Company sold 801.000 of merchandise on account to Royal Company terms 2/10, 1/30. The cost of the merchandise sold was E521.000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If entry is required, select "No Entry for the account tles and enter for the amounts) 1 Account Titles and Explanation Debit Credit To record credit sale) (To record cost of merchandise sold) List of Accounts On March 6. Ayayal returned 95,000 of the merchandise purchased on March 2. The cost of the returned merchandise was 75,000. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, selec "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation 1 Debit Credit (To record merchandise returned) (To record cost of merchandise returned) On March 12, Blossom received the balance due from Ayayal. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Sve for Later Attempts: 0 of 3 used Submit