Question 2 of 6 View Policies Current Attempt in Progress Prepace the journal entries to record the following transactions on Cullumber Company's books using a perpetual inventory system no entry quired, select "No Entry" for the account titles and enter O for the amounts Credit accoune titles are automatically indented when amounts event. Do not indent manually. Recond journal entries in the order presented in the problem) (4) (b) 10% On March 2, Cullumber Company sold $890,100 of merchandise to Oriole Company terms 2/10 n/30 The cost of the merchandise sold was $546,300. On March & Oriole Company returned $105.400 of the merchandise purchased on March 2. The cost of the merchandise returned was $62,600 On March 12, Cullumber Company received the balance due from Oriole Compan No. Date Account Titles and Explanation (a) (b) (To record sale of merchandise) Debit Credit