Cullumber Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Blossom Company employees. The total cruise

package price to Blossom Company employees is $$82,000.$ Cullumber Inc. receives a commission of $6\%$ of the total price.

Cullumber Inc. therefore remits $$77,080$ to ShipAway.

Prepare the journal entry to record $(1)$ the receipt of payment of $$82,000$ from employees for the cruise packages and $(2)$ the

remittance and revenue recognized by Cullumber Inc. on this transaction. $($Credit account titles are automatically indented when

amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.

List all debit entries before credit entries.$)$

No$.$ Account Titles and Explanation

Debit

Credit

Sales Revenue

Cash

Accounts Payable

Commission Revenue