Prepare journal entries to record the following sales transactions in Blossom Companys books. Blossom uses a perpetual inventory system.

Jan. 2		Blossom sold $16,000 of merchandise to Xiaoyan Company, terms n/30, FOB shipping point. The cost of the merchandise sold was $6,320.
4		The correct company paid freight costs of $175.
6		Xiaoyan returned $1,000 of the merchandise purchased on January 2 because it was not needed. The cost of the merchandise returned was $400, and it was restored to inventory.
Feb. 1		Blossom received the balance due from Xiaoyan.

Date	Account Titles and Explanation	Debit	Credit
choose a transaction date Jan. 2Jan. 4Jan. 6Feb. 1	enter an account title to record sales on account	enter a debit amount	enter a credit amount
	enter an account title to record sales on account	enter a debit amount	enter a credit amount
	(To record sales on account.)
choose a transaction date Jan. 2Jan. 4Jan. 6Feb. 1	enter an account title to record cost of goods sold	enter a debit amount	enter a credit amount
	enter an account title to record cost of goods sold	enter a debit amount	enter a credit amount
	(To record cost of goods sold.)
choose a transaction date Jan. 2Jan. 4Jan. 6Feb. 1	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Jan. 2Jan. 4Jan. 6Feb. 1	enter an account title to record credit for goods returned	enter a debit amount	enter a credit amount
	enter an account title to record credit for goods returned	enter a debit amount	enter a credit amount
	(To record credit for goods returned.)
choose a transaction date Jan. 2Jan. 4Jan. 6Feb. 1	enter an account title to record cost of returned goods	enter a debit amount	enter a credit amount
	enter an account title to record cost of returned goods	enter a debit amount	enter a credit amount
	(To record cost of returned goods.)
choose a transaction date Jan. 2Jan. 4Jan. 6Feb. 1	enter an account title to record the collection on account	enter a debit amount	enter a credit amount
	enter an account title to record the collection on account	enter a debit amount	enter a credit amount
	(Collection on account.)