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Answer questions exactly how they are plz On May 10,2025, Blossom Co. enters...

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Accounting

Answer questions exactly how they are plz
On May 10,2025, Blossom Co. enters into a contract to deliver a product to Cullumber Inc. on June 15,2025. Cullumber agrees to pay the full contract price of $1,860 on July 15,2025. The cost of the goods is $1,190. Blossom delivers the product to Cullumber on June 15,2025, and receives payment on July 15,2025. Prepare the journal entries for Blossom related to this contract. Either party may terminate the contract without compensation until one of the parties performs. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)
Account Titles and Explanation
Debit
Credit
(To record sales)
(To record cost of goods sold)
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