Prepare the necessary general journal entries for the month of October for Cullumber Retail for each situation given below. Cullumber uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Oct. 5 9 12 17 20 26 Date Oct. 5 Paid cash of $10,584 for operating expenses that were incurred and properly recorded in the previous period. Purchased merchandise for $18,500 on account. Credit terms: 3/10, n/30. Paid a freight bill of $92 for merchandise purchased on October 9. Paid for merchandise purchased on October 9. The company takes all discounts to which it is entitled. Sold merchandise for $6,720 to Rattles Distribution on account. The cost of the merchandise sold was $2,688. Credit terms: 2/10, n/30. Oct. 9 Issued a credit memo to Rattles Distribution for $252 for merchandise returned from the sale on October 20. The cost of the merchandise returned was $152. V Account Titles and Explanation Debit Credit

Prepare the necessary general journal entries for the month of October for Cullumber Retail for each situation given below, Cullumber uses a perpetual inventory system. (Credit account titles are automatically indented when the omount is entered, Do not indent manually, List ail debit entries before credit entries.) Oct.5. Paid cash of $10,584 for operating expenses that were incurred and properly recorded in the previous period. 9 Purchased merchandise for $18,500 on account. Credit terms: 3/10,n/30 12 Paid a freight bill of $92 for merchandise purchased on October 9. 17 Paid for merchandise purchased on October 9 . The company takes all discounts to which it is entitled. 20 Sold merchandise for $6,720 to Rattles Distribution on account. The cost of the merchandise sold was $2,688. Credit terms: 2/10,n/30. 26 Issued a credit memo to Rattles Distribution for $252 for merchandise returned from the sale on October 20 . The cost of the merchandise returned was $152