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Due Thursday, February 16 at 10 pm Eastern Time Question 2 of 6 < > (a) 0.82/1 E On March 2, Marin Company sold
Due Thursday, February 16 at 10 pm Eastern Time Question 2 of 6 < > (a) 0.82/1 E On March 2, Marin Company sold $928,800 of merchandise to Cullumber Company on account, terms 2/10, n/30. The cost of the merchandise sold was $511,500. (b) On March 6, Cullumber Company returned $108,400 of the merchandise purchased on March 2. The cost of the merchandise returned was $60,800. (c) On March 12, Marin Company received the balance due from Cullumber Company. Date Account Titles and Explanation March 2 Inventory Debit Credit 928800 Accounts Payable March 6 Accounts Payable 108400 Inventory March 12 Accounts Payable 820400 Cash 928800 108400 Prepare the journal entries to record the following transactions on Cullumber Company no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) On March 2, Marin Company sold $928,800 of merchandise to Cullumber Company on account, terms 2/10, n/30. The cost
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