Kimmel, Accounting, 6e SURVEY OF ACCOUNTING (ACCT 2000 The felowing transactions are for Cullumber Company 1. On December 3, Cullumber Compeny sold $533,400 of merchandise to Pharoah Co, terma 2/10, /3. The cost of the merchandise sold was $312,100 2 On December 8, Pharoah Co. was granted an allawance of $24,700 for merchandise puchased on December 3 On December 13, Culumber Company received the belance due from Pharoah Co (ol, Prepare the yournal eneries to recond thesce transactions on the books of Culuber Company Culumber Company es a perpetual inventory system. af ne entry is required, select indented when amound is entered Do net indent manually) (To record crea