2 ook Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/0,1/30) March 1 Purchased $43,600 of merchandise from Van Industries, terms 2/15, 1/30. March 2 Sold merchandise on credit to Min Cho, Invoice Number 854, for $16,800 (cost is $8,400). March 3 (a) Purchased $1,230 of office supplies on credit fron Gabel Company, terms 1/30. March 3 (b) Sold merchandise on credit to Linda Witt, Invoice Number 855, for $10,200 (cost is $5,800). March 6 Borrowed $82,000 cash from Federal Bank by signing a long-term note payable. March 9 Purchased $21,850 of office equipment on credit from Spell Supply, terns n/30. March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, Yor $5,600 (cost is $2,900). March 12 Received payment fron Min Cho for the March 2 sale less the discount of $336. March 13 (a) Sent Van Industries Check Number 416 in payment of the March 1 invoice less the discount of $872. March 13 (6) Received payment fron Linda Witt for the March 3 sale less the discount of $204. March 14 Purchased 532,625 of merchandise from the CD Company, teras 2/10, 1/30. March 15 (a) Issued Check Number 417 for $18,3001 payee is Payroll, in payment of sales salaries expense for the first half of the month. March 15. (b) Cash sales for the first half of the month are $34,680 (cost is $20,210). These cash sales are recorded in the cash receipts journal on March 15. March 16 Purchased $1,770 of store supplies on credit from Gabel Company, terns n/30. March 17 Returned 52,425 of unsatisfactory merchandise purchased on March 14 to CD Company. Church reduces accounts payable by that amount. March 19 Returned 5630 of office equipment purchased on March 9 to Spell Supply Church reduces accounts Dayable by that mount. March 20 Received payment from Jovita Albany for the sale of March 10 less the discount of $112. March 23 Issued Check Number 418 to Co Company in payment of the March 14 purchase less the March 17 return and the $604 discount. March 27 Sold merchandise on credit to Jovita Albany, Invoice Number 857, for $14,910 (cost is $7.220). March 28 Sold merchandise on credit to Linda Witt, Invoice Number 858, for $4.315 cost is $3,200). March 31 (al issued Check Number 419 for $18,300 payee is Payroll, in payment of sales salaries expense for the last half of the month March 31 ) Cash sales for the last half of the month are $30,150 cost is $16,020). These cash sales are recorded in the cash receipts Journal on March 31. March 31 c) Verify that amounts impacting customer and creditor accounts were posted and that any amounts that should have been posted as individual counts to the general ledger accounts were posted Foot and crosstoot the journals and make the month-end postings. General Accounts Accouns Ledger Receivable Payable Ledger Ledger Post information from the journals in Part 2 to the general ledger GENERAL LEDGER Date March ( Cash Recipts Jou Dobi Credit Accounts Receivable Dobit Data 178,800 Balance 17.00 654 108,320 Date Inventory Debit Credit Om Buple Debit March 01 De C on Store Supplies Dubin Office Equipment Db Date Credit Balance Date Dehli Credit Balance Long Term Notes Payable De Date Credit Dehli Code March on Sales Deba Cru Balance Required information Credit RO Discount Debet Cost of code Bold Debi lalance Date Credit Lalawa D De Cred Check my work Required information Account ACCOUNT General Receivable Ledger Payable Ledger Ledger Pust information from the journals in Part 2 to the accounts receivable ledger ACCOUNTS RECEIVABLE LEDOER Jovita Albany Debit Min Cho De Date Credit Crede Balance Date Linda WIE Debit Crem Balance alya Aanmistapatile tales > Required information Complete this question by entering your answers in the tabs below. Run 2012 Part 2 of 2 Trial Balance Schedule of AR Schedule of AP 20 Don Prepare the March 31 trial balance. CHURCH COMPANY Trial Balance March 31 Debit w Credit Required information Complete this question by entering your answers in the tabs below. Schedule of AR Schedule of AP Trial Balance Schedule of AR Prepare the March 31 seneduie ur accounts receivable. CHURCH COMPANY Schedule of Accounts Receivable March 31 Jovita Albany Linda W Min Cho Total accounts receivable Required information Complete this question by entering your answers in the tabs below. Scheduit of AP Schedule of AR Trial Balance Prepare the March 31 schedule of accounts payable. CHURCH COMPANY Schedule of Accounts Payable March 31 Gabel Company Spell Supply Van Industries CD Company Total accounts payable 0 $ (Schedule of AR Check my work Required information Complete this question by entering your answers in the tabs below. Accounts General Accounts Ledger Receivable Payable Ledger Ledger Post information from the journals in Part 2 to the accounts payable subsidiary ledger ACCOUNTS PAYABLE LEDOER CD Company Detalt Gabel Company Debit Credit Balance Date Crve Spel Supply Debut Van Industries Dubit Cred Balance Date Credit Required information Complete this question by entering your answers in the tabs below. Run 2012 Part 2 of 2 Trial Balance Schedule of AR Schedule of AP 20 Don Prepare the March 31 trial balance. CHURCH COMPANY Trial Balance March 31 Debit w Credit Required information Complete this question by entering your answers in the tabs below. Schedule of AR Schedule of AP Trial Balance Schedule of AR Prepare the March 31 seneduie ur accounts receivable. CHURCH COMPANY Schedule of Accounts Receivable March 31 Jovita Albany Linda W Min Cho Total accounts receivable Required information Complete this question by entering your answers in the tabs below. Scheduit of AP Schedule of AR Trial Balance Prepare the March 31 schedule of accounts payable. CHURCH COMPANY Schedule of Accounts Payable March 31 Gabel Company Spell Supply Van Industries CD Company Total accounts payable 0 $ (Schedule of AR Check my work Required information Complete this question by entering your answers in the tabs below. Accounts General Accounts Ledger Receivable Payable Ledger Ledger Post information from the journals in Part 2 to the accounts payable subsidiary ledger ACCOUNTS PAYABLE LEDOER CD Company Detalt Gabel Company Debit Credit Balance Date Crve Spel Supply Debut Van Industries Dubit Cred Balance Date Credit