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Blossom Growth Company is testing a number of new agricultural seeds that it has recently harvested. To stimulate interest, it has decided to grant five of its largest customers the unconditional right to return these products if not fully satisfied. The right of return extends for four months. Blossom Growth sells these seeds on account for $2,050,000 (cost $820,000 ) on April 2, 2023. Customers are required to pay the full amount due by June 15, 2023. The company follows IFRS. (a) Your answer is partially correct. Prepare the journal entry for Blossom Growth at April 2, 2023, assuming Blossom Growth estimates returns of 20% based on prior experience. (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.) Assume that one customer returns the seeds on July 1,2023. Prepare the journal entry to record this transaction, assuming this customer purchased $110,000 of seeds from Blossom Growth and paid by June 15. (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. Round answers to 0 decimal places, e.g. 5,275

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