The following transactions occurred in April and May. Both companies use a periodic inventory system. Apr. 5 Oriole Company purchased merchandise from Pharoah Company for $12,200, terms 2/10,n/30, FOB shipping point. Pharoah had paid $7,600 for the merchandise. 6 The correct company paid freight costs of $340. 8 Oriole Company returned damaged merchandise to Pharoah Company and was given a purchase allowance of $1,700. Pharoah determined the merchandise could not be repaired andzent it to the recyclers. The merchandise had cost Pharoah \$1,059. May 4 Oriole paid the amount due to Pharoah Company in full. Prepare se journal entries to record these transactions on the books of Pharoah Company using a periodic inventory system instead of a perpetual system. (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 occount titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries)