Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Cullumber Company's books. Cullumber uses a perpetual inventory system. Jan. 2 Cullumber purchased $20,800 of merchandise from Feng Company, terms n/30, FOB shipping point. 4 The correct company paid freight costs of $315 6 Cullumber returned $2,400 of the merchandise purchased on January 2 because it was not needed. Feb. 1 Cullumber paid the balance owing to Feng. (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 O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)