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This information relates to Marin Co. 1. On April 5, purchased merchandise from Cullumber Company for $27.900, terms 2/10, 1/30. 2. On April 6, paid

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This information relates to Marin Co. 1. On April 5, purchased merchandise from Cullumber Company for $27.900, terms 2/10, 1/30. 2. On April 6, paid freight costs of $670 on merchandise purchased from Cullumber. 3. On April 7purchased equipment on account for $31,600. 4. On April 8, returned $3,700 of April 5 merchandise to Cullumber Company 5. On April 15, paid the amount due to Cullumber Company in full. 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 titles and enter Ofor the amounts. Credit account titles are automatica Indented when amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit April 5 Inventory 27900 Accounts Payable 2. April6 : Cash 670 Accounts Receivable 3. April 7 structure.com/courses/4201/assionments/583997moduleitemid=185014 Paused E 5. April 15 Assume that Marin Co. paid the balance due to Cullumber Company on May 4 instead of April 15. Prepare the journal entry to record this payment. (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) Date Account Titles and Explanation Debit Credit May 4

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