(a) Post Informstion from the journsla in Part 2 to the generel ledger snd the sccounta recelvoble snd sccourts poysble subaldiory ledgers. Complete this question by entering your answers in the tabs below. b) Prepore the Msrch 31 trisi bolance, schedule of sccounts recelvoble and schedule of sccounts posysble. Complete this question by entering your answers in the tabs below. Prepare the Manch 31 trial balance. Church Company completes these transactions and events durlng March of the current year (terms for all its credit sales are 2/10,n/30 ). March 1 Purchased $36,009 of merchandise fron Van Industries, terns 2/15,n/30. March 2 Sold nerchandise on credit to Min Cho, Involce Number 854 , for $14,400 (cost is $7,20 ). March 3 (a) Purchased $1,e80 of office supplies on credit from Gabel Company, terns n/3e. March 3 (b) Sold nerchandise on credit to Linda Witt, Invoice Number 855, for $7,290 (cost is $3,609 ). March 6 Dorrowed $72, 000 cash from Federal Bank by signing a long-tern note payable. March 9 Purchased $18,000 of office equipment on credit fron Spell Supply, terms n/30. March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, for $3,600 (cost is $1,800 ). March 12 Received payment from Min Cho for the March 2 sale less the discount of $288. March 13 (a) Sent Van Industries Check Number 416 in payment of the March 1 invoice less the discount of $729. March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of $144. March 14 Purchased $33,009 of merchandise fron the CD Conpany, terns 2/10,n/30. March 15 (a) Issued Check Number 417 for $12,890; payee is Payroll, in paynent of sales salaries expense for the first half of the month. March 15 (b) Cash sales for the first half of the month are $57,600 (cost is $46,089 ). These cash sales are recorded in the cash receipts journal on March 15. March 16 Purchased $1,600 of store supplies on credit fron Gabel company, terns n/39. March 17 Returned $3,300 of unsatisfactory merchandise purchased on March 14 to CD Conpany. Church reduces accounts payable by that amount. March 19 Returned $549 of office equipment purchased on March 9 to Spell Supply. Church reduces accounts payable by that anount. March 28 Received payment from Jovita Albany for the sale of March 10 less the discount of $72. March 23 Issued Check Number 418 to CD Company in payment of the March 14 purchase 1 ess the March 17 return and the $594 discount. March 27 Sold nerchandise on credit to Jovita Albany, Invoice Number 857, for $18,899 (cost is $4,329 ). March 28 Sold nerchandise on credit to Linda witt, Invoice Number 858 , for $4,328 (cost is $1,728 ). March 31 (a) Issued Check Number 419 for $12,896; payee is Payroll, in paynent of sales salaries expense for the 1ast half of the month. March 31 (b) Cash sales for the last half of the nonth are $63,360 (cost is $38, e16). These cash sales are recorded in the cash receipts journal on March 31. March 31 (c) Verify that amounts impacting custoner and creditor accounts were posted and that any amounts that should have been posted as individual anounts to the general ledger accounts were posted. Foot and crossfoot the journals and make the nonth-end postings. Assume the following ledger account amounts: Inventory (March 1 beginning balance is $61,000 ), Z. Church, Capltal (March 1 beginning balance is $61,000 ) and Church Company uses the perpetual Inventory system. (a) Post Informstion from the journsla in Part 2 to the generel ledger snd the sccounta recelvoble snd sccourts poysble subaldiory ledgers. Complete this question by entering your answers in the tabs below. b) Prepore the Msrch 31 trisi bolance, schedule of sccounts recelvoble and schedule of sccounts posysble. Complete this question by entering your answers in the tabs below. Prepare the Manch 31 trial balance. Church Company completes these transactions and events durlng March of the current year (terms for all its credit sales are 2/10,n/30 ). March 1 Purchased $36,009 of merchandise fron Van Industries, terns 2/15,n/30. March 2 Sold nerchandise on credit to Min Cho, Involce Number 854 , for $14,400 (cost is $7,20 ). March 3 (a) Purchased $1,e80 of office supplies on credit from Gabel Company, terns n/3e. March 3 (b) Sold nerchandise on credit to Linda Witt, Invoice Number 855, for $7,290 (cost is $3,609 ). March 6 Dorrowed $72, 000 cash from Federal Bank by signing a long-tern note payable. March 9 Purchased $18,000 of office equipment on credit fron Spell Supply, terms n/30. March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, for $3,600 (cost is $1,800 ). March 12 Received payment from Min Cho for the March 2 sale less the discount of $288. March 13 (a) Sent Van Industries Check Number 416 in payment of the March 1 invoice less the discount of $729. March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of $144. March 14 Purchased $33,009 of merchandise fron the CD Conpany, terns 2/10,n/30. March 15 (a) Issued Check Number 417 for $12,890; payee is Payroll, in paynent of sales salaries expense for the first half of the month. March 15 (b) Cash sales for the first half of the month are $57,600 (cost is $46,089 ). These cash sales are recorded in the cash receipts journal on March 15. March 16 Purchased $1,600 of store supplies on credit fron Gabel company, terns n/39. March 17 Returned $3,300 of unsatisfactory merchandise purchased on March 14 to CD Conpany. Church reduces accounts payable by that amount. March 19 Returned $549 of office equipment purchased on March 9 to Spell Supply. Church reduces accounts payable by that anount. March 28 Received payment from Jovita Albany for the sale of March 10 less the discount of $72. March 23 Issued Check Number 418 to CD Company in payment of the March 14 purchase 1 ess the March 17 return and the $594 discount. March 27 Sold nerchandise on credit to Jovita Albany, Invoice Number 857, for $18,899 (cost is $4,329 ). March 28 Sold nerchandise on credit to Linda witt, Invoice Number 858 , for $4,328 (cost is $1,728 ). March 31 (a) Issued Check Number 419 for $12,896; payee is Payroll, in paynent of sales salaries expense for the 1ast half of the month. March 31 (b) Cash sales for the last half of the nonth are $63,360 (cost is $38, e16). These cash sales are recorded in the cash receipts journal on March 31. March 31 (c) Verify that amounts impacting custoner and creditor accounts were posted and that any amounts that should have been posted as individual anounts to the general ledger accounts were posted. Foot and crossfoot the journals and make the nonth-end postings. Assume the following ledger account amounts: Inventory (March 1 beginning balance is $61,000 ), Z. Church, Capltal (March 1 beginning balance is $61,000 ) and Church Company uses the perpetual Inventory system