a. Post information from the journals in Part 2 to the general ledger and the accounts receivable and accounts payable subsidiary ledgers. b. Prepare the March 31 trial balance, schedule of accounts receivable and schedule of accounts payable.

Fost infoumation from the jeurnals in Part 2 . fo the accounts receivable ledger. Post information from the lournals in part 2 to the accounts oavable subsidiarv ledoess. Prepare the March 31 trial balance. Prepare the March 31 schedule of accounts re Complete this question by entering you Prepare the March 31 schedule of accounts p Enter the transactions in a sales journal. Enter the transactions in a purchases journal. rata. tha k rumeartiane in a raeh reralnts iournal. Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10,n/301 March 1 Purchased $43,600 of merchandise from Van Industries, teres 2/15,A/30. March 2 Sold merchandise on credit to Min cho, Involce Number 854 , for $16,300(cost is $6,469). Harch 3 (a) Purchased 51,230 of office supplies on credit from Gabel company, terns n/30. Herch 3 (b) sold merchandise on credit to Linda Hitt, Involce Number 855, for $10,200 (cost is 35,890 ). March 6 Dorroned $52, 600 cash from Federal bank by signing a long-tera note paysble. Werch 9 Purchased 321 , 35e of office equlpent on credit from 5pel1 5upply, terms n/30, March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, for \$5, 600 (cost 1s \$2, 96e). March 12 Received poynent from Hin cho for the March 2 sale less the discount of 5336 . March 13 (a) Sent Van Indostries Check Number 416 in payment of the Harch 1 involce less the discount of 5872. March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of $204. Harch 14 Purchased 312,625 of merchandise from the CD Company, terms 2/10,n/30. March 15 (a) Issued Check Nusber 417 for $13,300; psyee is Payrol1, in paysent of sales salaries expense for the first balf of the month. March. 15 (b) Cash sales for the f1rst half of the month are $34,680 (cost is $20,210). These cash sales are recorded in the cash receipts fournal on Harch 15. March 16. Purchssed $1,770 of store supplies on credit from 6abel conpany, teras n/30. March 17 Returned $2,425 of unsatisfactory merchandise purchased on March 14 to CD Coopany. Church reduces accounts March 19 P Returned 5630 of offlee equlpaent purchased on March 9 to 5 pel1 supply. Church reduces accounts payable by that amount. March 20 Received payment froe Jovita Albany for the sale of March 10 less the discount of $112. March 23 Issued Check Number 418 to co Compony in poyeent of the March 14 purchase less the March 17 return and the Narch 27 Sold merchandise on credit to Jovita Albany, Inwoice Mumber 857 , for $14,910(cost is $7,220). March 28 Sold merchandise on credit to Linda Hitt, Involce Nomber 858 , for $4,315 (cost is $3,280). March 31 (a) Issued Check Mumber 419 for $18,300, payee is Paycoll, in payment of sales salaries expense for the last half of the wonth. Harch 31 (b) Cash sales for the last half of the wonth are $10,180 (cost is $16,820). These cash sales are recorded in the cash recelpts Journal on March 31. March 31 (c) Verify that amounts impacting customer and creditor occounts were posted and that any amounts that should have been posted as individuol amounts to the general ledger accounts were posted. Foot and crossfoot the fournals and make the month-end postings. Assume the following ledger account amounts Inventory (March 1 beginning balance is $10,000 ): Z. Church, Capital (March 1 beginning balance is $10,000 ) and Church Company uses the perpetual inventory system. Fost infoumation from the jeurnals in Part 2 . fo the accounts receivable ledger. Post information from the lournals in part 2 to the accounts oavable subsidiarv ledoess. Prepare the March 31 trial balance. Prepare the March 31 schedule of accounts re Complete this question by entering you Prepare the March 31 schedule of accounts p Enter the transactions in a sales journal. Enter the transactions in a purchases journal. rata. tha k rumeartiane in a raeh reralnts iournal. Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10,n/301 March 1 Purchased $43,600 of merchandise from Van Industries, teres 2/15,A/30. March 2 Sold merchandise on credit to Min cho, Involce Number 854 , for $16,300(cost is $6,469). Harch 3 (a) Purchased 51,230 of office supplies on credit from Gabel company, terns n/30. Herch 3 (b) sold merchandise on credit to Linda Hitt, Involce Number 855, for $10,200 (cost is 35,890 ). March 6 Dorroned $52, 600 cash from Federal bank by signing a long-tera note paysble. Werch 9 Purchased 321 , 35e of office equlpent on credit from 5pel1 5upply, terms n/30, March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, for \$5, 600 (cost 1s \$2, 96e). March 12 Received poynent from Hin cho for the March 2 sale less the discount of 5336 . March 13 (a) Sent Van Indostries Check Number 416 in payment of the Harch 1 involce less the discount of 5872. March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of $204. Harch 14 Purchased 312,625 of merchandise from the CD Company, terms 2/10,n/30. March 15 (a) Issued Check Nusber 417 for $13,300; psyee is Payrol1, in paysent of sales salaries expense for the first balf of the month. March. 15 (b) Cash sales for the f1rst half of the month are $34,680 (cost is $20,210). These cash sales are recorded in the cash receipts fournal on Harch 15. March 16. Purchssed $1,770 of store supplies on credit from 6abel conpany, teras n/30. March 17 Returned $2,425 of unsatisfactory merchandise purchased on March 14 to CD Coopany. Church reduces accounts March 19 P Returned 5630 of offlee equlpaent purchased on March 9 to 5 pel1 supply. Church reduces accounts payable by that amount. March 20 Received payment froe Jovita Albany for the sale of March 10 less the discount of $112. March 23 Issued Check Number 418 to co Compony in poyeent of the March 14 purchase less the March 17 return and the Narch 27 Sold merchandise on credit to Jovita Albany, Inwoice Mumber 857 , for $14,910(cost is $7,220). March 28 Sold merchandise on credit to Linda Hitt, Involce Nomber 858 , for $4,315 (cost is $3,280). March 31 (a) Issued Check Mumber 419 for $18,300, payee is Paycoll, in payment of sales salaries expense for the last half of the wonth. Harch 31 (b) Cash sales for the last half of the wonth are $10,180 (cost is $16,820). These cash sales are recorded in the cash recelpts Journal on March 31. March 31 (c) Verify that amounts impacting customer and creditor occounts were posted and that any amounts that should have been posted as individuol amounts to the general ledger accounts were posted. Foot and crossfoot the fournals and make the month-end postings. Assume the following ledger account amounts Inventory (March 1 beginning balance is $10,000 ): Z. Church, Capital (March 1 beginning balance is $10,000 ) and Church Company uses the perpetual inventory system