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 g 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 g 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.