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On June 10, Marin Company purchased $6,200 of merchandise from Cullumber Company, on account, terms 4/10,n/30. Marin pays the freight costs of $400 on June

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On June 10, Marin Company purchased $6,200 of merchandise from Cullumber Company, on account, terms 4/10,n/30. Marin pays the freight costs of $400 on June 11. Goods totaling $300 are returned to Cullumber for credit on June 12. On June 19. Marin Company pays Cullumber Company in full, less the purchase discount. Both companies use a perpetual inventory system. (a) Your answer is correct. Prepare separate entries for each transaction on the books of Marin Company. (If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. List all debit entries before credit entries) Prepare separate entries for each transaction for Cullumber Company. The merchandise purchased by Marin on June 10 cost Cullumber $2,290, and the goods returned cost Cullumber $230. (If 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 joumal entries in the order presented in the problem. List all debit entries before credit entries.) Prepare separate entries for each transaction for Cullumber Company. The merchandise purchased by Marin on June 10 cost cullumber $2,290, and the goods returned cost Cullumber $230. Iff no entry is required, select "No entry" for the account titles and enu. the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the

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