This information relates to Marin Co. 1. 2. 3. On April 5, purchased merchandise from Cullumber Company for $25,800, terms 3/10, 1/30. On April 6, paid freight costs &f $660 on merchandise purchased from Cullumber. On April 7, purchased equipment on account for $33,700. On April 8, returned $4,300 of April 5 merchandise to Cullumber Company On April 15, paid the amount due to Cullumber Company in full. 4. 5. (a) Prepare the journal entries to record the transactions listed above on Marin Co's books. Marin Co uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account tities and enter o for the amounts. Credit account titles are automatically Indented when amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit 1. Debit Credit No. Date Account Titles and Explanation 1 I 2 3 -> 4 (b) Assume that Marin Co. paid the balarice due to Cullumber Company on May 4 instead of April 15. Prepare the journal entry to record this payment. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles outomatically Indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 4