The following transactions are for Cullumber Company. (1) (2) (3) (a). On December 3 Cullumber Company sold $450,000 of merchandise to Thomson Co., terms 1/10, n/30. The cost of the merchandise sold was $300,000. On December 8 Thomson Co. was granted an allowance of $22,000 for merchandise purchased on December 3. On December 13 Cullumber Company received the balance due from Thomson Co. Prepare the journal entries to record these transactions on the books of Cullumber Company. Cullumber uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation (To record credt sale) Debit Credit

The following transactions are for Cullumber Company. (1) On December 3 Cullumber Company sold $450,000 of merchandise to Thomson Co., terms 1/10,n/30. The cost of the merchandise sold was $300,000. (2) On December 8 Thomson Co. was granted an allowance of $22,000 for merchandise purchased on December 3 . (3) On December 13 Cullumber Company received the balance due from Thomson Co. (a) Prepare the journal entries to record these transactions on the books of Cullumber Company. Cullumber uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) The following transactions are for Cullumber Company. (1) On December 3 Culumber Company sold $450.000 of merchandise to Thoenson Co, terms 1/10, n/30. The cost of the merchandise sold was 5300,000 (2) On December 8 Thomson Co. was gravted an allowance of $22,000 for merchandive purchased on December 3 . (3) On December 13 Cullumber Compary recelved the balunce due from Thomson Co. (s) Prtoare the fournal entries to record these trancictionson the books of Cullumber Company Culumber uses a perpetual imventory syitem icredit oceount Eties are eutomsticoly indentid when the emount is enternd. Do not indent manually Record jeumal entries in the cotler presented in the probiem)