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On August 31, Cullumber Marine had an inventory of 22 boats at a cost of $2.000 each. Cullumber does not expect aer returns fram sales

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On August 31, Cullumber Marine had an inventory of 22 boats at a cost of $2.000 each. Cullumber does not expect aer returns fram sales of boats. The company ines a perpetual inventorysystem, During September, the following transactions and events occurted: Sep. 3 furchused 42 boats at $2.000 eschfrom Hillside fibregiass. The boats were shipped fog destination, terms nya 3 The apgropriate party paid the freiaht costs. 6 Recerved credit of $12,000 for the return of 6 boats parchased on September 3 that were defective 7 Paid for the September 3 purchase. 9 Sold 22 boats for $3.000 each to Billington Yocha Clobon credA. 13 Cashsale of 17 boats for 53.000 each to Birch inland ferry 21. Purchased 29 boats at $2.000 exch from Dotrison Supply terms 430 (a) and enter 0 for the amounts. Hat all debit entries bifore onedit entrinj Journalize the September transactions for Culiumber Marine, using a perpetual imventory uystem. (Credit occount eirles are outomatically indented when the dmount is entered. Do not indent manuaily. If no entry br required, seicct "No Entry" for the occount eitles and enter of for the amounts. List all debit entries before credit entries) nation Question 3 of 29 (To cecord wale of boats) (To record the cost of poods sold) (To record cash saves) (Fo fecord the coat of poots soles for cash)

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