This information relates to Blossom Co. 1. On April 5, purchased merchandise from Crane Company...
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Accounting
This information relates to Blossom Co. 1. On April 5, purchased merchandise from Crane Company for $29,000 on account. 2. On April 7, purchased equipment on account for $30,600. 3. On April 8, returned $3,900 of April 5 merchandise to Crane Company. 4. On April 15, paid the amount due to Crane Company in full. Prepare a tabular summary to record the transactions listed above for Blossom Co. using a perpetual inventory systen amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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