Prepare the journal entries to record the following purchase transactions in Cullumber Company's books Cullumber uses a perpetual inventory system Mar 12 Cullumber purchased $20,000 of merchandise from Dalibor Company, terms 2/10, 1/30, FOB destination 13 The correct company paid freight costs of $235. 14 Cullumber returned $2.900 of the merchandise purchased on March 12 because it was damaged. 21 Cullumber paid the balance owing to Dalibor. n tities and enter for Credit amount titles are automationly Indented when the amount is end. Do not indent manually. If no entry is required, select "No Entry for the e presented in the problem) Date Account Titles and Explanation Debit Credit (To record purchase on account.) (To record purchase return To record payment on account)