View Policies Current Attempt in Progress This information relates to Marin Co. 1 2 3 On April, purchased merchandise from Cullumber Company for $27.900, terms 2/10, 1/30 On April 6, pald freight costs of $670 on merchandise purchased from Cullumber. On April 7. purchased equipment on account for $31,600 On April 8.returned $3,700 of April Smerchandise to Cullumber Company On April 15, paid the amount due to Cullumber Company in full, 4 5. a) Prepare the Journal entries to record the transactions listed above on Marin Cos books. Marin Causes a perpetual inventory system, Of 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) Date Account Titles and Explanation Debit Credit No. 1 2 3 4 5 & 7 6 8 9 . E R T U 0 S D F G . J K X C V . N M 5. (b) Assume that Marin Co. paid the balance due to Cullumber Company on May 4 instead of April 15. Prepare the journal entry to record this payment. Il 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) Date Account Titles and Explanation Debit Credit May 4 e Textbook and Media List of Accounts Attempts of used Summer 3 5 6 8 9 W E R T Y O S D F G . K K L V V > . N M . 92 mand command option