Chapter 5: Homework Question 4 of 5 > -12 1 Cullumber Company buys merchandise on account from Marin Company. The selling price of the goods is $1.415 and the cost of the goods sold is $790. Both companies use perpetual inventory system. Journalize the transactions on the books of both companies. (If no entry is required, select "No Entry" for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually Account Titles and Explanation Cullumber Marin (To record sale of merchandise) Tavihank and Media Debit Credit