Garcia 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 $44,400 of merchandise from Turner Industries, terms 2/15, n/30.
March 2	Sold merchandise on credit to Clinton Company, Invoice Number 854, for $26,400 (cost is $16,000).
March 3	Purchased $1,900 of office supplies on credit from King Company, terms n/30.
March 3	Sold merchandise on credit to Jaden Thompson, Invoice Number 855, for $18,000 (cost is $10,800).
March 6	Borrowed $98,000 cash from Federal Bank by signing a long-term note payable.
March 9	Purchased $22,150 of office equipment on credit from Zhang Supply, terms n/30.
March 10	Sold merchandise on credit to Jean Clark, Invoice Number 856, for $14,400 (cost is $8,600).
March 12	Received payment from Clinton Company for the March 2 sale less the discount of $528.
March 13	Sent Turner Industries Check Number 416 in payment of the March 1 invoice less the discount of $888.
March 13	Received payment from Jaden Thompson for the March 3 sale less the discount of $360.
March 14	Purchased $39,000 of merchandise from the Lane Company, terms 2/10, n/30.
March 15	Issued Check Number 417 for $19,900, 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 $42,000 (cost is $25,200). These cash sales are recorded in the cash receipts journal on March 15.
March 16	Purchased $1,800 of store supplies on credit from King Company, terms n/30.
March 17	Returned $4,000 of unsatisfactory merchandise purchased on March 14 to Lane Company. Garcia reduces accounts payable by that amount.
March 19	Returned $3,320 of office equipment purchased on March 9 to Zhang Supply. Garcia reduces accounts payable by that amount.
March 20	Received payment from Jean Clark for the sale of March 10 less the discount of $288.
March 23	Issued Check Number 418 to Lane Company in payment of the March 14 purchase less the March 17 return and the discount of $700.
March 27	Sold merchandise on credit to Jean Clark, Invoice Number 857, for $32,000 (cost is $19,200).
March 28	Sold merchandise on credit to Jaden Thompson, Invoice Number 858, for $10,800 (cost is $6,500).
March 31	Issued Check Number 419 for $19,900, 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 $37,800 (cost is $22,700). These cash sales are recorded in the cash receipts journal on March 31.

Requirement General Journal General Ledger Trial Balance Cash Rec Journal Cash Disb Journal Purchases Journal Sales Journal Each transaction is recorded in either a special journal, or directly in the general journal. If a transaction is to be recorded in a special journal, select "Entered in special journal" in the first account field. Otherwise, prepare the general journal entry. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 ..... 26 > March 1) Purchased $44,400 of merchandise from Turner Industries, terms 2/15, n/30. Note: Enter debits before credits. Date Account Title Debit Credit March 01 Requirement General Journal General Ledger Trial Balance Cash Rec Journal Cash Disb Journal Purchases Journal Sales Journal Each transaction is recorded in either a special journal, or directly in the general journal. If a transaction is to be recorded in a special journal, select "Entered in special journal" in the first account field. Otherwise, prepare the general journal entry. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 ..... 26 > March 1) Purchased $44,400 of merchandise from Turner Industries, terms 2/15, n/30. Note: Enter debits before credits. Date Account Title Debit Credit March 01