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i might be wrong with some so please correct me Exercise 5-05 a-b (Part Level Submission) (Video) Presented below are transactions related to Cullumber Company.

image text in transcribedimage text in transcribedi might be wrong with some so please correct me

Exercise 5-05 a-b (Part Level Submission) (Video) Presented below are transactions related to Cullumber Company. 1. On December 3, Cullumber Company sold $658,300 of merchandise on account to Bramble Co., terms 4/10, n/30, FOB destination. Cullumber paid $330 for freight charges. The cost of the merchandise sold was $380,200 2. On December 8, Bramble Co. was granted an allowance of $22,700 for merchandise purchased on December 3 3. On December 13, Cullumber Company received the balance due from Bramble Co

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