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(a) On March 2, Marin Company sold $914,000 of merchandise to Cullumber Company on account, terms 3/10,n/30. The cost of the merchandise sold was $592,400.

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(a) On March 2, Marin Company sold $914,000 of merchandise to Cullumber Company on account, terms 3/10,n/30. The cost of the merchandise sold was $592,400. (b) On March 6, Cullumber Company retumed $104,600 of the merchandise purchased on March 2. The cost of the merchandise returned was $64,400 (c) On March 12, Marin Company received the balance due from Cullumber Company

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