Cullumber Wholesalers uses a perpetual inventory system.

Mar. 1		Stellar Stores purchases $9,400 of merchandise for resale from Cullumber Wholesalers, terms 2/10, n/30, FOB shipping point.
2		The correct company pays $170 for the shipping charges.
3		Stellar returns $1,000 of the merchandise purchased on March 1 because it was the wrong colour. Cullumber gives Stellar a $1,000 credit on its account.
21		Stellar Stores purchases an additional $13,000 of merchandise for resale from Cullumber Wholesalers, terms 2/10, n/30, FOB destination.
22		The correct company pays $190 for freight charges.
23		Stellar returns $400 of the merchandise purchased on March 21 because it was damaged. Cullumber gives Stellar a $400 credit on its account.
30		Stellar paid Cullumber the amount owing for the merchandise purchased on March 1.
31		Stellar paid Cullumber the amount owing for the merchandise purchased on March 21.

Additional information:

Mar. 1		Cullumbers cost of the merchandise sold to Stellar was $4,200.
3		Cullumber's cost of the merchandise returned by Stellar was $447. As the merchandise was not damaged, it was returned to Cullumbers inventory.
21		Cullumbers cost of the additional merchandise sold to Stellar Stores was $5,809.
23		Cullumbers cost of the merchandise returned by Stellar was $179. As the merchandise was damaged, it was put in the recycling bin.

Prepare Cullumber Wholesalers journal entries to record the sales transactions with Stellar. Remember to record the freight and cash receipt transactions as appropriate. (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 titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record sales on account.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record cost of goods sold.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record credit for goods returned.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record cost of goods returned.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record sales on account.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record cost of goods sold.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(Cash payment for freight costs.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(To record credit for goods returned.)
Mar. 1Mar. 2Mar. 3Mar. 21Mar. 22Mar. 23Mar. 30Mar. 31
	(Collection on account.)
Mar. 31
	(Collection on account.)

Calculate Cullumbers net sales, cost of goods sold, and gross profit for these sales.

Net sales		$
Cost of goods sold		$
Gross profit		$