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This information relates to Marin Co. 1 On April 5, purchased merchandise from Cullumber Company for $25,200, on account, terms 2/10, n/30 2 On April

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This information relates to Marin Co. 1 On April 5, purchased merchandise from Cullumber Company for $25,200, on account, terms 2/10, n/30 2 On April 6, paid freight costs of $1,200 on merchandise purchased from Cullumber Company 3. On April 7, purchased equipment on account for $36,200. On April 8, returned $5,800 of the April 5 merchandise to Cullumber Company On April 15, paid the amount due to Cullumber Company in full 4 5. Prepare the journal entries to record these transactions on the books of Marin using a periodic inventory system. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit No. Date Credit 1 2 Prepare the journal entries to record these transactions on the books of Marin using a periodic inventory system. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit 1. 1 No. Date 2 3. 5

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