View Policies Current Attempt in Progress Record the following transactions for Cullumber Company. (Credit account titles are automatically indented when the amount is entered, Do not indent manually. List all debit entries before credit entries) a 2 1. On August 4, Cullumber sold merchandise on account to Swift Company for $550, terms 2/10,n/30. On August 7, Cullumber granted Swift a sales allowance and reduced the cost of the merchandise by $50 because some of the goods were slightly damaged. 3. On August 12. Swift paid the account in full. Debit Credit No. Account Titles and Explanation 1. Question 1 of 5 > 74 E No. Account Titles and Explanation Debit Credit 1. 2. 3 e Textbook and Media