Church Company completes these transactions and events during March of the current year (terms for all ts credit sales are 210, n/30). Mar. 1 Purchased $36,eee of merchandise fron Van Industrles, invoice dated March 1, teras 2/15, n/30. 2 Sold merchandise on credit to Min Cho, Invoice No. 854, for $14,48e (cost is $7,200). 3 (a) Purchased $1,ese of office supplies on credit from Gabe1 conpany, Invoice dated March 3, terms n/10 EOM 3 (b) Sold merchandise on credit to Linda witt, Invoice No. 855, for $7,zee (cost is s3,6e0). 6 Borrowed $72,e00 cash from Federal Bank by signing a long-term note payable. 9 Pchased $18, eee of office equipment on credit from Spel1 Supply, invoice dated Harch 9, terms n/10 EOM 1e Sold merchandise on credit to Jovita Albany, Invoice No. 856, for $3,60e (cost is s1,s00). 12 Received paynent from Min Cho for the March 2 sale less the discount 13 (a) Sent Van Industries Check No. 416 in payment of the Harch 1 involce less the discount. 13 (b) Received payment from Linda Witt for the March 3 sale less the discount 14 Purchased $26,ee0 of merchandise from the CD Company, invoice dated March 13, terms 2/10, n/3e 15 (a) Issued Check No. 417, payable to Payroll, in payment of sales salaries expense for t 15 (b) Cash sales for the first half of the month are $57,6ee (cost is $46,880). (Cash sales are 16 Purchased $1,680 of store supplies on credit from Gabel Company, invoice dated 17 Received $2,600 credit nemorandum from co Conpany 19 Received a $540 credit memorandum from Spell Supply for office equipment received on Harch 9 and half of the month, $17,700. Cashed the check and paid the employees. recorded daily, but are recorded only twice here to reduce repetitive entries. n/18 EOM purchased on Harch 14. returned for credit. for the return of unsatisfactory merchandise Accounts Receivable Date Debit Credit Balance Office Supplies Date Debit Credit Balance Store Supplies Office Equipment Date Debit Credit Balance Date Debit Credit Accounts Payable Debit Long-Term Notes Payable Debit Date Credit Balance Date Credit Z Church, Capital Debit Sales Date Credit Balance Date Debit Credit Mar. 01 Sales Discounts Cost of Goods Sold Date Debit Credit Balance Date Debit Credit ACCOUNTS RECEIVABLE LEDGER ACCOUNTS PAYABLE LEDGER CD Company Debit Gabel Company Date Credit Balance Date Debit Credit Spell Supply Van Industries Date Debit Credit Balance Date Debit Credit 0 Required information OORORRORNNONONRIRRNRANCRN CHURCH COMPANY Schedule of Accounts Payable March 31 Gabel Company Spell Supply Van Industries CD Company Total accounts payable 0