presented here. On October 2, Cullumber Gifts purchased $46,000 of merchandise from Sea Toys, terms 2/10, n/30. On October 6, Cullumber Gifts returned $2,400 of the merchandise purchased on October 2. On October 12, Cullumber Gifts paid the balance due to Sea Toys. a. How much cash is paid by Cullumber Gifts on October 12 ? b. Post the transactions to the T-accounts. (Post entries in the order displayed in the problem statement.) b. Post the transactions to the T-accounts. (Post entries in the order displayed in the problem statement 1