On May 1, Cullumber Co. sold merchandise on account to Kaneva Inc. for $45,600, terms 2/10, 1/30. Ignore any entries that affect inventory.cost of goods sold, and refund liability for the purposes of this question. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and entero for the amounts.) Date Account Titles and Explanation May 1 Debit Credit To record sale on account.) e Textbook and Media List of Accounts On June 30, Cullumber Co. charged Kaneva Inc. one month's interest for the overdue account. Cullumber charges 9% on overdue accounts. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and explanation Debit Credit June 30 overdue accounts. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation June 30 Debit Credit (To record interest eared.) eTextbook and Media List of Accounts On July 5, Kaneva paid the amount owing to Cullumber Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter for the amounts.) Debit Credit Date Account Titles and Explanation July 5 Collection on account)