Record the following transactions on the books of Cullumber Co.(Omit cost of goods sold entries.)(List...
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Accounting
Record the following transactions on the books of Cullumber Omit cost of goods sold entries.List all debit entries before credit entries. Credit account titles are automatically indented when 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 O for the amounts.
a On July Cullumber Co sold merchandise on account to Stacey Inc. for $ terms
b On July Stacey Inc. returned merchandise worth $ to Cullumber Co
c On July Stacey Inc. paid for the merchandise.
Date
Account Titles and Explanation
Accounts Receivable
Sales Revenue
Sales Returns and Allowances
Accounts Receivable
Cash
Debit
Credit
Accounts Receivable
Sales Revenue
Sales Returns and Allowances
Accounts Receivable
Cash
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