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The following transactions are for Cullumber Company, 1. On December 3, Cullumber Company sold $658.300 of merchandise to Bramble Co., on account, terms 1/10, 1/30, FOB destination. Cullumber paid $330 for freight charges. The cost of the merchandise sold was $380,200 On December 8, Bramble Co. was granted an allowance of $22,300 for merchandise purchased on December 3. 2 3. On December 13, Cullumber Company received the balance due from Bramble Co. Prepare the journal entries to record these transactions on the books of Cullumber Company using a perpetual inventory system, (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts) Na. Date Account Titles and Explanation Debit 17 Dec. 3 Dec. 8 Dec, 13 Jan. 2 (To record credit sale) (To record cost of merchandise sold) E (To record freight charges) 2. 3 Prepare the journal entries to record these transactions on the books of Cullumber Company using a perpetual Inventory system. (List all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not Indent manually. If no entry is required. select "No Entry for the account titles and enter for the amount Account Titles and Explanation Debit Credit I (To record credit sale) (To record cost of merchandise sold) (To record freight charges) eTextbook and Media List of Accounts

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