Question 5 View Policies Current Attempt in Progress Prepare the journal entries to record these transactions on Cullumber Company's books. Cullumber Company uses a periodic inventory system mesa periodic Feb. 5 Cullumber purchased $13,000 of merchandise from NW Wholesale Company, terms 2/10.1V30,FOB shipping point 6 The correct company paid freight costs of $160. 8 Cullumber returned $1,800 of the merchandise purchased on February 5. 11 Cullumber paid the balance due to NW Wholesale d Entry for the coumt title and enter for the am Record journal entries in the or (Credit account titles are automatically indented when the amount is entened. Do not indent presented in the problem.) Date Account Titles and Explanation Credit W (Purchase on account.) (To record cash payment of freight) To record purchase return) Payment on account) A 1:25 AM 4/12/2020