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Cullumber Central had the following sales transactions in December.

Dec. $4$ Sold $$7,700$ of merchandise on account to Crane's Motors, terms $\frac{4}{15},$ net $30.$ Cost $$3,850.$

$7$ Crane returned $$1,200$ of merchandise to Cullumber Central because he changed his mind and wanted to order a different type of engine. Cost $$600.$

$16$ Crane paid the balance owing to Cullumber Central.

Prepare the journal entries to record the sales transactions on the books of Cullumber Central using a perpetual inventory syste and the earnings approach for revenue recognition. $($Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

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