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Prepare the journal entries to record the following transactions on Cullumber Companys books using a perpetual invertory system, in no entry is required, select No
Prepare the journal entries to record the following transactions on Cullumber Companys books using a perpetual invertory system, in no entry is required, select "No Entry" for the occount tites and enter O for the amounts. Crechi account titier are aummoticaly inderited wher ansount is entered Do not indent manually. Record fournal entries in the order presented in the problem. (a) On March 2. Cullumber Compary sold $914.000 of merchardise to Marin Company an account terms 3/10, n30. The cost of the merchandise sold was $592,400 (b) On March 6, Marin Compary returned $104,600 of the merchandise zurchased on March 2 The cost of the merchandise returned was $64,400. (c) OnMarch 12, Cullurnber. Company recelved the balance due fram Marin Company (b) (To record return of merchandise) (c) March 12 List of Accounts
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