Prepare the journal entries to record the following transactions on Cullumber Company's books under a perpetual inventory system.

$($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 journal entries in the order presented in the problem. List all debit entries before credit

entries.$)$

$($a$)$ On March $2,$ Marin Company sold $$928,800$ of merchandise to Cullumber Company on account, terms $2/10,$ n$/30.$ The cost

of the merchandise sold was $$511,500.$

$($b$)$ On March $6,$ Cullumber Company returned $$108,400$ of the merchandise purchased on March $2.$ The cost of the

merchandise returned was $$60,800.$

$($c$)$ On March $12,$ Marin Company received the balance due from Cullumber Company.