General Journal tab - 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. Prepare a journal entry for each of the special journals at month-end. General Ledger and Trial Balance tabs - Journal entries are posted automatically to the general ledger and trial balance. Cash Receipts Journal tab - Enter the transactions that are properly included in this special journal. Cash Disbursements Journal tab - Enter the transactions that are properly included in this special journal. Purchases Journal tab - Enter the transactions that are properly included in this special journal. Sales Journal taip - Enter the transactions that are properiy included in this special journal. Church Company completes these transactions and events during March of the current year fterms for all its credit sales are 2/10, r/3O) March 1 Porchased 843,600 of nerehandise from Van Iaduetries, terme 2/15,n/30. March 2 Sold merehandien on eredit to Min Cho, Invoice Number 854 , tor $16,800 (cost 1n$8,400 ). Nareh 3. Purehased $1,230 of office nupplies an eredit fron Gabel cospany, termn n/30. March 3 sold merehandine on eredit to Linda witt, Invoice Number 855, for $10,200 (cost is $5,800). Kareh 6 Borrowed $82,000 cash from Federal Bank by signing a long-tern note payable. March 9 Parchaned $21,050 of office equipeent on eredit from 5 pell 5upply, terma n/30. March 10 Sold merchandine on eredit to Jovita Albany, Invoice Number 856, for $5,600 (cost is $2,900). March 12 Received payment from Min Cho for the March 2 sale less the discount of $336. Mareh 13 Sent Van Tndastries Check Number 416 in paynent of the Mareh 1 fnvoice less the discount of sa72. Mareh 13 Mecefved payment from Linda Witt for the March 3 sale less the dimcount of $204. March 14 Purchaned $32,625 of merchandise from the cD Company, terms 2/10, n/30. March is. Tesued check sumber 417 for $18,300, payee is Payrol1, in payment of sales salarien expense for the firat half. of the month. March 15 Cash sales for the first half of the nonth are 534,680 (cost is $20,210). These cash sales are recorded in the cash receipten journal on March 15. March 16 Durchased $1,770 of store supplies on credit fron Gabel Company, terna n/30. Mareh 17 Returned $2,425 of unsatisfactory nerehandise purehased on Mareh 14 to cD Company. Church reducen accounta payable by that amount. Mareh 19 Feturned $630 of office equipment purchased on March 9 to 5pel1 Supply. Chureh reduces accounta payable by that amount. March 20 Received payment from Jovita Albany for ithe sale of March 10 less the discount of $112. Mareh 23 Issued Check Sumber 418 to cD Company in payment of the Mareh 14 purchase less the March 17 return and the discount of $604. March 27 Sold merchandise on eredit to Jovita Albany, Invoice Number, 857, for $14,910 (cost is $7,220 ). March 28 Sold merchandine on eredit to Linda Witt, Invoiee Nunber 858, for $4,315 (cost is $3,280 ). Narch 31 Issued Check Number 419 for $18,300, payee is Payroll, in payment of sales aalaries expense for the last half of the month. March 31 Cash sales for the last half of the month are $30,180( cost is $16,820). These cash nales are recorded in the cash receipts journal on Mareh 31. Each transaction is recorded in either a special journal, or directly in the general journal. If a transaction is to be recorded in a General Journal tab - 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. Prepare a journal entry for each of the special journals at month-end. General Ledger and Trial Balance tabs - Journal entries are posted automatically to the general ledger and trial balance. Cash Receipts Journal tab - Enter the transactions that are properly included in this special journal. Cash Disbursements Journal tab - Enter the transactions that are properly included in this special journal. Purchases Journal tab - Enter the transactions that are properly included in this special journal. Sales Journal taip - Enter the transactions that are properiy included in this special journal. Church Company completes these transactions and events during March of the current year fterms for all its credit sales are 2/10, r/3O) March 1 Porchased 843,600 of nerehandise from Van Iaduetries, terme 2/15,n/30. March 2 Sold merehandien on eredit to Min Cho, Invoice Number 854 , tor $16,800 (cost 1n$8,400 ). Nareh 3. Purehased $1,230 of office nupplies an eredit fron Gabel cospany, termn n/30. March 3 sold merehandine on eredit to Linda witt, Invoice Number 855, for $10,200 (cost is $5,800). Kareh 6 Borrowed $82,000 cash from Federal Bank by signing a long-tern note payable. March 9 Parchaned $21,050 of office equipeent on eredit from 5 pell 5upply, terma n/30. March 10 Sold merchandine on eredit to Jovita Albany, Invoice Number 856, for $5,600 (cost is $2,900). March 12 Received payment from Min Cho for the March 2 sale less the discount of $336. Mareh 13 Sent Van Tndastries Check Number 416 in paynent of the Mareh 1 fnvoice less the discount of sa72. Mareh 13 Mecefved payment from Linda Witt for the March 3 sale less the dimcount of $204. March 14 Purchaned $32,625 of merchandise from the cD Company, terms 2/10, n/30. March is. Tesued check sumber 417 for $18,300, payee is Payrol1, in payment of sales salarien expense for the firat half. of the month. March 15 Cash sales for the first half of the nonth are 534,680 (cost is $20,210). These cash sales are recorded in the cash receipten journal on March 15. March 16 Durchased $1,770 of store supplies on credit fron Gabel Company, terna n/30. Mareh 17 Returned $2,425 of unsatisfactory nerehandise purehased on Mareh 14 to cD Company. Church reducen accounta payable by that amount. Mareh 19 Feturned $630 of office equipment purchased on March 9 to 5pel1 Supply. Chureh reduces accounta payable by that amount. March 20 Received payment from Jovita Albany for ithe sale of March 10 less the discount of $112. Mareh 23 Issued Check Sumber 418 to cD Company in payment of the Mareh 14 purchase less the March 17 return and the discount of $604. March 27 Sold merchandise on eredit to Jovita Albany, Invoice Number, 857, for $14,910 (cost is $7,220 ). March 28 Sold merchandine on eredit to Linda Witt, Invoiee Nunber 858, for $4,315 (cost is $3,280 ). Narch 31 Issued Check Number 419 for $18,300, payee is Payroll, in payment of sales aalaries expense for the last half of the month. March 31 Cash sales for the last half of the month are $30,180( cost is $16,820). These cash nales are recorded in the cash receipts journal on Mareh 31. Each transaction is recorded in either a special journal, or directly in the general journal. If a transaction is to be recorded in a