Show Attempt History Current Attempt in Progress - Your answer is partially correct. Prepare the journal entries to record the following transactions on Cullumber Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) On March 2, Marin Company sold $928,800 of merchandise to Cullumber Company on account, terms 2/10, 1/30. The cost of the merchandise sold was $511,500. (h) On March 6, Cullumber Company returned $108,400 of the merchandise purchased on March 2. The cost of the merchandise returned was $60,800. Id On March 12, Marin Company received the balance due from Cullumber Company, No Date Account Titles and Explanation Debit Credit (a) March 24 Accounts Receivable 928,800 Sales Revenue 928,800 (b) March : Accounts Payable 103000 Inventory 108,400 c) March 12 : Cash 928,800 Sales Discounts 18,576 Accounts Receivable 910,224