all the red boxes are wrong

Bramble Furniture Limited reports the following information for 11 months of the year in its February 28, 2021. trial balance. The company's year end is March 31. BRAMBLE FURNITURE LIMITED Trial Balance February 28, 2021 Debit Credit Cash $ 54,600 294,000 2,310,000 6,300 4,200 Accounts receivable Inventory Supplies Prepaid rent Equipment Accumulated depreciation-equipment Accounts payable Deferred revenue 121,800 $ 24.360 1,302,000 29.400 Bank loan payable 378,000 Common shares 168.000 Bank loan payable 378,000 Common shares 168,000 Retained earnings Dividends declared 462,420 42,000 Sales 4.458,216 3,228,876 Cost of goods sold Advertising expense 63,000 Freight out 151,200 Office expense 21,840 Rent expense 46,200 302.400 Salaries expense Travel expense Utilities expense 10,500 16,800 22,680 Interest expense Income tax expense 126.000 $6,822,396 $6,822,396 $6,822,396 $6,822,396 2 un 5 6 7 Bramble Furniture incurred the following transactions for the month of March. The company uses a perpetual inventory system. Mar. 1 Received $ 105,000 on account from a major customer. Paid a supplier an amount owing of $ 168,000, taking the full discount, terms 2/10, 1/30. Purchased merchandise from a supplier, $ 252,000, terms 2/10.11/30, FOB destination Recorded cash sales, $ 239,400. The cost of goods sold for these sales was $ 168,000. Returned scratched merchandise to the supplier from the March 5 purchase. $ 21.000 The appropriate company paid freight for the March 5 purchase, $ 6,300. Sold $ 168.000 of merchandise on account terms 2/10, 1/30, FOB destination. The cost of goods sold was $ 117,600. Management estimated that sales returns will be 12% of sales. The appropriate company paid freight for the March 9 sale, $ 4.200. Ordered custom merchandise for a local designer totalling $ 42.000. Received $ 10,500 as a deposit. Accepted returned merchandise from the sale on March 9,5 16,800. The cost of the goods returned to inventory was $11.760 Paid for the merchandise purchased on March 5, net of merchandise returns on March 7. GO 9 9 12 13 14 12 13 14 16 Ordered custom merchandise for a local designer totaling $42.000. Received $ 10,500 as a deposit. Accepted returned merchandise from the sale on March 9,5 16,800. The cost of the goods returned to inventory was $11.760 Paid for the merchandise purchased on March 5, net of merchandise returns on March 7. Paid salaries of 37,800 Recorded cash sales, $ 214,200. The cost of goods sold for these sales was $ 150.360. No returns were anticipated related to these sales Paid salaries of $ 42,000 Received payment of merchandise sold on March 9, net of merchandise returres on March 13, Paid rent, $4,200 20 27 29 30 (a) Your answer is partially correct. Record the March transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Record the March transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit March 1 Cash 105000 Accounts Receivable 105000 2 Accounts Payable 168000 Purchase Discounts 3360 Cash 164640 un 5 Inventory 252000 Accounts Payable 252000 6 Cash 239400 Sales 239400 6 Cash 239400 Sales 239400 (To record sale) 6 Cost of Goods Sold 168000 Inventory 168000 (To record cost of merchandise sold) 7 Accounts Payable 21000 Inventory 21000 8 9 Accounts Receivable 168000 Sales 168000 9 Accounts Receivable 168000 Sales 168000 Cost of Goods Sold 117600 (To record credit sale) 9 Cost of Goods Sold 117600 Inventory ...! 117600 (To record cost of merchandise) 9 4200 Freight Out 4200 Cash (To record payment of freight on goods sold) 10000 12 Cash 12 Cash 10000 Deferred Revenue 32000 13 Refund Liability 16800 Accounts Receivable 16800 (To record return of goods) 13 Inventory 11760 Sales Returns and Allowances 5040 (To record cost of merchandise returned) 14 Accounts Payable 21000 420 Sales Discounts 20580 37800 16 Salaries Expense Cash 20500 16 Salaries Expense 37800 Cash 37800 20 Cash 214200 Cost of Goods Sold 150360 (To record sale) 20 Cost of Goods Sold 150360 Inventory 150360 (To record cost of merchandise sold) 27 Salaries Expense 42000 Cash 42000 29 Cash 151200 clo record cost of merchandise sold) 27 Salaries Expense 42000 Cash 42000 29 Cash 151200 Inventory 151200 30 Rent Experise 4200 Cash 4200 e Textbook and Media List of Accounts