Carter Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10, n/30).

March 1	Purchased $45,500 of merchandise from Gonzalez Industries, terms 2/15, n/30.
March 2	Sold merchandise on credit to Walker Company, Invoice Number 854, for $39,600 (cost is $24,000).
March 3	Purchased $1,700 of office supplies on credit from Garcia Company, terms n/30.
March 3	Sold merchandise on credit to Hao Lee, Invoice Number 855, for $13,000 (cost is $7,800).
March 6	Borrowed $84,000 cash from Countryside Bank by signing a long-term note payable.
March 9	Purchased $22,250 of office equipment on credit from Martin Supply, terms n/30.
March 10	Sold merchandise on credit to Debbie Hall, Invoice Number 856, for $10,400 (cost is $6,200).
March 12	Received payment from Walker Company for the March 2 sale less the discount of $792.
March 13	Sent Gonzalez Industries Check Number 416 in payment of the March 1 invoice less the discount of $910.
March 13	Received payment from Hao Lee for the March 3 sale less the discount of $260.
March 14	Purchased $47,800 of merchandise from the Allen Company, terms 2/10, n/30.
March 15	Issued Check Number 417 for $22,100, payee is Payroll, in payment of sales salaries expense for the first half of the month.
March 15	Cash sales for the first half of the month are $37,000 (cost is $22,200). These cash sales are recorded in the cash receipts journal on March 15.
March 16	Purchased $2,600 of store supplies on credit from Garcia Company, terms n/30.
March 17	Returned $4,800 of unsatisfactory merchandise purchased on March 14 to Allen Company. Carter reduces accounts payable by that amount.
March 19	Returned $3,340 of office equipment purchased on March 9 to Martin Supply. Carter reduces accounts payable by that amount.
March 20	Received payment from Debbie Hall for the sale of March 10 less the discount of $208.
March 23	Issued Check Number 418 to Allen Company in payment of the March 14 purchase less the March 17 return and the discount of $860.
March 27	Sold merchandise on credit to Debbie Hall, Invoice Number 857, for $23,000 (cost is $13,800).
March 28	Sold merchandise on credit to Hao Lee, Invoice Number 858, for $7,800 (cost is $4,700).
March 31	Issued Check Number 419 for $22,100, 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 $33,300 (cost is $20,000). These cash sales are recorded in the cash receipts journal on March 31.