This information relates to Blossom Co. 1. 2. 3. On April 5, purchased merchandise on account from Novak Company for $27,400, terms 2/10, net/30, FOB shipping point On April 6, paid freight costs of $890 on merchandise purchased from Novak Company, On April 7, purchased equipment on account for $34,600. On April 8, returned some of April 5 merchandise, which cost $3,000, to Novak Company. On April 15, paid the amount due to Novak Company in full. 4. 5. (a) Prepare the journal entries to record these transactions on the books of Blossom Co. using a periodic inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) ULJLIUI SUI 3 -/7 Date Account Titles and Explanation Debit I Credit