Cullumber Manufacturing Inc. shipped finished goods inventory with a total cost of $56.500 to FFA Retailing Ltd. on May 1. The agreement between the two companies was that FFA was to sell the product on consignment for Cullumber Manufacturing Cullumber incurred 54.900 in shipping costs in order to ship the merchandise. FFA paid a local newspaper 3.200 for advertising costs (which Cullumber promised to reimbursel. At September 30, the end of the accounting year for both companies, FFA had sold 75% of the merchandise for total sales of S60 200. FFA notified Cullumber of the sales retained a 20% commission, and remitted the cash due to Cullumber Prepare the journal entries required by the above transactions on the books of Cullumber Manufacturing Round answers to decimal places, eg 5.275. Credit account titles are automatically indented when the amount is entered. Do not indent manual, no entry is required, select "No Entry for the account titles and enter for the amounts) No. Account Titles and Explanation Debit Credit 1 (To record shipped merchandise.) 2 (To record shipping costs.) 3. (To record year end sales entry) (To record year end cost of goods.) List of Accounts Prepare the journal entries required by the above transactions on the books of FFA Retailing Round answers to decimal places. es. 5.275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account cicles and enter for the amounts) No. Account Titles and Explanation Debit Credit 1. (To record payment of advertising.) 2. (To record year end sales entry) 3. (To record remittance to consignor)