Course Home On June 10, Cullumber Company purchased $ 7.300 of merchandise from Oriole Company, terms 3/10,n/30. Cullumber Company pays the freight costs of $ 360 on June 11. Goods totaling $ 500 are returned to Oriole Commany for credit on June 12 On June 19,Cullumber Company pays Oriole Company in full, less the purchase discou t.Both companies use a perpetual inventory system Prepare separate entries for each transaction on the books of Cullumber Company. (If no entry is required, select 'No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) DateAccount Titles and Explanation Debit Credit June 10 Inventory Accounts Payable June 11 Inventory Cash June 12 1 Accounts Payable InventonY