On September 1, Cullumber Supply had an inventory of 15 backpacks at a cost of $20 each. The company uses a perpetual inventory ystem. During September, the following transactions and events occurred. Sept. 4 Sept. 6 Sept. 9 Sept. 13 Sept. 14 Purchased 70 backpacks at $20 each from Hunter, terms 2/10, n/30. Received credit of $100 for the return of 5 backpacks purchased on Sept. 4 that were defective. Sold 40 backpacks for $49 each to Oliver Books, terms 2/10, n/30. Sold 15 backpacks for $49 each to Heller Office Supply, terms n/30. Paid Hunter in full, less discount. ournalize the September transactions for Cullumber Supply. (List all debit entries before credit entries. Credit account titles are utomatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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