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Current Attempt in Progress Crane Co. had the following transactions during October. 1. On October 8, purchased merchandise on account from Cullumber Company for $20,500,

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Current Attempt in Progress Crane Co. had the following transactions during October. 1. On October 8, purchased merchandise on account from Cullumber Company for $20,500, terms 2/10,n/30. 2. On October 9. paid freight costs of $630 on merchandise purchased from Cullumber Company. 3. On October 11, returned $4,400 of October 8 merchandise to Cullumber Company. 4. On October 18, paid the amount due to Cullumber Company in full. Use a tabular summary to record the transactions listed above for Crane Co.'s books. CraneCo. uses a perpetual inventon Include margin explanations for the changes in revenues and expenses.(Enter negative amounts using either a negotive sismp number eg. 45 or parentheses eg. (45), View Pollcies Current Attempt in Progress Crane Co, had the following transactions during October. 1. On October 8, purchased merchandise on account from Cullumber Company for $20.500, terms 2/10,/30. 2. On October 9 , paid freight costs of $630 on merchandise purchased from Cullumber Company: 3. On October 11, returned $4,400 of October 8 merchandise to Culiumber Company. 4. On October 18, paid the amount due to Cullumber Company in full. Use a tabular summary to record the transactions listed above for Crane Co.'s books. CraneCo. uses a perpetual inventory system. Include margin explanations for the changes in revenues and expenses.(Enter negative amounts uing either a negative sian precedind the number es. 45 or parentheses es. (45).)

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