Hadel Company completes these transactions and events during March of the current year (terms for all its credit sales are 2 10, n 30) Mar 1 Purchased $44,700 of merchandise from Zhao Industries, invoice dated March 1, terms 2 15, n 30 Mar 2 Sold merchandise on credit to Perry Co , Invoice No 854, for $30,000 (cost is $18,000) Mar 3 Purchased $1,700 of office supplies on credit from Zhang Company, invoice dated March 3, terms n 10 EOM Mar 3 Sold merchandise on credit to Gil Parker, Invoice No 855, for $13,000 (cost is $7,800) Mar 6 Borrowed $86,000 cash from Countryside Bank by signing a long term note payable Mar 9 Purchased $21,950 of office equipment on credit from Clark Supply, invoice dated March 9, terms n 10 EOM Mar 10 Sold merchandise on credit to Sarah Walker, Invoice No 856, for $10,400 (cost is $6,200) Mar 12 Received payment from Perry Co for the March 2 sale less the discount Mar 13 Sent Zhao Industries Check No 416 in payment of the March 1 invoice less the discount Mar 13 Received payment from Gil Parker for the March 3 sale less the discount Mar 14 Purchased $41,400 of merchandise from the Johnson Co , invoice dated March 13, terms 2 10, n 30 Mar 15 Issued Check No 417, payable to Payroll, in payment of sales salaries expense for the first half of the month, $20,500 Cashed the check and paid the employees Mar 15 Cash sales for the first half of the month are $45,000 (cost is $27,000) (Cash sales are recorded daily, but are recorded only twice here to reduce repetitive entries ) Mar 16 Purchased $2,400 of store supplies on credit from Zhang Company, invoice dated March 16, terms n 10 EOM Mar 17 Received a $4,400 credit memorandum from Johnson Co for the return of unsatisfactory merchandise purchased on March 14 Mar 19 Received a $3,290 credit memorandum from Clark Supply for office equipment received on March 9 and returned for credit Mar 20 Received payment from Sarah Walker for the sale of March 10 less the discount Mar 23 Issued Check No 418 to Johnson Co in payment of the invoice of March 13 less the March 17 return and the discount Mar 27 Sold merchandise on credit to Sarah Walker, Invoice No 857, for $23,000 (cost is $13,800) Mar 28 Sold merchandise on credit to Gil Parker, Invoice No 858, for $7,800 (cost is $4,700) Mar 31 Issued Check No 419, payable to Payroll, in payment of sales salaries expense for the last half of the month, $20,500 Cashed the check and paid the employees Mar 31 Cash sales for the last half of the month are $40,500 (cost is $24,300) For this question you must post to the General Journal, General Ledger, Trial Balance, Cash Rec Journal, Cash Disb Journal, Purchases Journal, and Sales Journal

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Hadel Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10, n/30). Mar. 1 Purchased

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

Mar.	1	Purchased $44,700 of merchandise from Zhao Industries, invoice dated March 1, terms 2/15, n/30.
Mar.	2	Sold merchandise on credit to Perry Co., Invoice No. 854, for $30,000 (cost is $18,000).
Mar.	3	Purchased $1,700 of office supplies on credit from Zhang Company, invoice dated March 3, terms n/10 EOM.
Mar.	3	Sold merchandise on credit to Gil Parker, Invoice No. 855, for $13,000 (cost is $7,800).
Mar.	6	Borrowed $86,000 cash from Countryside Bank by signing a long-term note payable.
Mar.	9	Purchased $21,950 of office equipment on credit from Clark Supply, invoice dated March 9, terms n/10 EOM.
Mar.	10	Sold merchandise on credit to Sarah Walker, Invoice No. 856, for $10,400 (cost is $6,200).
Mar.	12	Received payment from Perry Co. for the March 2 sale less the discount.
Mar.	13	Sent Zhao Industries Check No. 416 in payment of the March 1 invoice less the discount.
Mar.	13	Received payment from Gil Parker for the March 3 sale less the discount.
Mar.	14	Purchased $41,400 of merchandise from the Johnson Co., invoice dated March 13, terms 2/10, n/30.
Mar.	15	Issued Check No. 417, payable to Payroll, in payment of sales salaries expense for the first half of the month, $20,500. Cashed the check and paid the employees.
Mar.	15	Cash sales for the first half of the month are $45,000 (cost is $27,000). (Cash sales are recorded daily, but are recorded only twice here to reduce repetitive entries.)
Mar.	16	Purchased $2,400 of store supplies on credit from Zhang Company, invoice dated March 16, terms n/10 EOM.
Mar.	17	Received a $4,400 credit memorandum from Johnson Co. for the return of unsatisfactory merchandise purchased on March 14.
Mar.	19	Received a $3,290 credit memorandum from Clark Supply for office equipment received on March 9 and returned for credit.
Mar.	20	Received payment from Sarah Walker for the sale of March 10 less the discount.
Mar.	23	Issued Check No. 418 to Johnson Co. in payment of the invoice of March 13 less the March 17 return and the discount.
Mar.	27	Sold merchandise on credit to Sarah Walker, Invoice No. 857, for $23,000 (cost is $13,800).
Mar.	28	Sold merchandise on credit to Gil Parker, Invoice No. 858, for $7,800 (cost is $4,700).
Mar.	31	Issued Check No. 419, payable to Payroll, in payment of sales salaries expense for the last half of the month, $20,500. Cashed the check and paid the employees.
Mar.	31	Cash sales for the last half of the month are $40,500 (cost is $24,300).

For this question you must post to the General Journal, General Ledger, Trial Balance, Cash Rec Journal, Cash Disb Journal, Purchases Journal, and Sales Journal.