View Policies Current Attempt in Progress Use a tabular summary to record the following transactions for Blossom Company using a perpetual inventory system. (a) (b) On March 2, Blossom Company sold $853,600 of merchandise to Sunland Company on account. The cost of the merchandise sold was $540,300. On March 6, Sunland Company returned $114.200 of the merchandise purchased on March 2. The cost of the merchandise returned was $68,200. On March 12, Blossom Company received the balance due from Sunland Company. (c) (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45)) Assets Cash Accts. Rec. Inv. a) Mar. 2 $ $ $ b) 12 Current Attempt in Progress Use a tabular summary to record the following transactions for Blossom Company using a perpetual inventory system. (a) (b) On March 2, Blossom Company sold $853,600 of merchandise to Sunland Company on account. The cost of the merchandise sold was $540,300. On March 6, Sunland Company returned $114,200 of the merchandise purchased on March 2. The cost of the merchandise returned was $68.200. On March 12, Blossom Company received the balance due from Sunland Company. (c) (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses eg. (45).) Liabilities Accts. Pay. + Common Stock Stockholders' Equity Retained Earnings Exp. $ Rev. $ $ e Textbook and Media negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Stockholders' Equity Retained Earnings Exp. Rev. $ > V