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Prepare the journal entries to record these transactions on Blossom Company's books. Blossom Company uses a periodic inventory system Feb. 5 6 Blossom sells $20,000 of merchandise to Allied Company, terms 2/10,n/30, FOB shipping point. The correct company paid freight costs of $200. Allied returned $1,400 of the merchandise purchased on February 5. The inventory is not damaged and can be resold. Blossom restores it to inventory. Blossom collects the balance due from Allied. 8 11 (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 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Feb. 5 Sales 20000 Accounts Receivable 20000 (To record sales on account.) Feb. 6