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. Mar. 12 Cullumber purchased $17,000 of merchandise from Dalibor Company, terms 2/10, 1/30, FOB destination. 13 The correct company paid freight costs of $155. Cullumber returned $2,500 of the merchandise purchased on March 12 because it was damaged. Cullumber paid the balance owing to Dalibor. 14 21 (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, selec Entry for the art urrent Attempt in Progress Prepare journal entries to record the following sales transactions in Sunland Company's books. Sunland uses a perpetual system. Jan. 2 4 Sunland sold $20,000 of merchandise to Xiaoyan Company, terms n/30, FOB shipping point. The cost of the merchandise sold was $7.900. The correct company paid freight costs of $155. Xiaoyan returned $1,100 of the merchandise purchased on January 2 because it was not needed. The cost of merchandise returned was $430, and it was restored to inventory. Sunland received the balance due from Xiaoyan. 6 Feb. 1 redit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, ntry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Acrunt mai ccount Titles and Explanation Debit Cre record sales on account.) record cost of goods sold.)