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On March 1.2025, Sanchill Compainy sold goods to Blossom Inc, for $714,000 in exchange for...

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Accounting

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On March 1.2025, Sanchill Compainy sold goods to Blossom Inc, for $714,000 in exchange for a 5 -vear, zero-interest-bearing note in the face amount of $1,203.132 an imputed rate of 11%. The goods have an inventory cost on Sandhilirs books of $439,000 (a1) Prepare the journal entries for 5 andhill on March 1, 2025. (Credit account titles are automotically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account tities and enter ofor the amounts. List aff debit entrles before credit entries]

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