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Cullumber Company has the following selected transactions during March. Mar. Purchased equipment costing $ 7 , 8 8 0 from Bole Company on account. 2

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Cullumber Company has the following selected transactions during March.
Mar. Purchased equipment costing $7,880 from Bole Company on account.
2
5 Received credit of $300 from Carwell Company for merchandise damaged in shipment to Cullumber.
7 Issued credit of $440 to Dempsey Company for merchandise the customer returned. The returned merchandise had a cost of $235.
Cullumber Company uses a one-column purchases journal, a sales journal, the columnar cash journal used in the text, and a general journal.
(a)
Journalize the transactions in the general journal. (Credit account titles are automatically indented when amount is entered. Do hot indent manually. Record entries in the order presented in the problem statement. List all debit entries before credit entries.)
Date
Account Titles and Explanation
Debit
Credit
(To record merchandise returned.)
(To record the cost of merchandise returned.)
eTextbook and Media
List of Accounts
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