Question: X Your answer is incorrect Use a tabular summary to record the following transactions for Blossom Company using a perpetual inventory system. (a) On March

X Your answer is incorrect Use a tabular summary to record the following transactions for Blossom Company using a perpetual inventory system. (a) On March 2, Blossom Company sold $853,600 of merchandise to Sunland Company on account. The cost of the merchandise sold was $540,300 (b) 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 es-45 or parentheses es (45)) Assets Liabilities Cash Accts. Rec Inv Accts. Pay Common St a) Mar. 2 $ $ b) c) 12 ter negative amounts using either a negative sign preceding the number es.-45 or parentheses eg (45)) Liabilities Stockholders' Equity Retained Earnings Accts. Pay. Common Stock Rev Exp. $ $ I eTextbook and Media
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