Please solve all parts of the question. Thank You.

The following transactions are for Marin Company. 1. On December 3, Marin Company sold $455,200 of merchandise to Cullumber Co, on account, terms 1/10,n/30. The cost of the merchandise sold was $316,500. 2. On December 8, Cullumber Co. was granted an allowance of $23,500 for merchandise purchased on December 3 . 3. On December 13, Marin Company received the balance due from Cullumber Co. (a) Prepare the journal entries to record these transactions on the books of Marin Company. Marin uses a perpetual imventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) are automatically indented wher amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Date Account Tities and Explanation 1. Debit Credit (To record sale of merchandise on account) (To record cost of merchandise sold) 2. 3. The following transactions are for Marin Company. 1. On December 3, Marin Company sold $455,200 of merchandise to Cullumber Co, on account, terms 1/10,n/30. The cost of the merchandise sold was $316,500. 2. On December 8, Cullumber Co. was granted an allowance of $23,500 for merchandise purchased on December 3 . 3. On December 13, Marin Company received the balance due from Cullumber Co. (a) Prepare the journal entries to record these transactions on the books of Marin Company. Marin uses a perpetual imventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) are automatically indented wher amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Date Account Tities and Explanation 1. Debit Credit (To record sale of merchandise on account) (To record cost of merchandise sold) 2. 3