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You are given the following information for Cullumber Company for the month ended November 30, 2021: Date Description Units Unit Price Nov. 1 Beginning inventory

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You are given the following information for Cullumber Company for the month ended November 30, 2021: Date Description Units Unit Price Nov. 1 Beginning inventory 58 $52 9 Purchase 100 46 15 Sale (125) 22 Purchase 145 42 29 Sale (170) 30 Purchase 48 41 Cullumber Company uses a perpetual inventory system. All sales and purchases are on account Assume the sales price was $66 per unit for the goods sold on November 15, and $60 per unit for the sale on November 29. Prepare journal entries to record the November 22 purchase and the November 29 sale. (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 0 for the amounts) Date Account Titles and Explanation Debit Credit Nov. 22 (To record purchase on account.) Nov. 29 (To record sales on account.) (To record purchase on account.) Nov. 29 (To record sales on account.) Nov. 29 (To record cost of goods sold.)

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