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Questions Cullumber Company is a fumiture retailer and uses the perpetual inventory system. On January 14, 2022, Cullumber purchased merchandise inventory at a cost of 550,000. Crect terms were 2/10,n/30. The inventory was sold on account for $76,000 on January 21, 2022. Credit terms were 1/10,n30. The accounts payable was settled on January 23, 2022, and the accounts receivables were settled on January 30, 2022 Prepare yournal entries to record each of these transactions. (Credit account trties are automatically indented when the amount is entered. Do not ident manually. Record journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit Date (To record credit sale) (To record cost of good sol (To record credit salo) (To record cost of good sold) SWEISE O ACCEN