Hall Company completes these transactions and events during March of the current year $($terms for all its credit sales are

$\frac{2}{10},\frac{n}{30}).$

March $1$ Purchased $$45,000$ of merchandise from Thompson Industries, terms $\frac{2}{15},\frac{n}{30}.$

March $2$ Sold merchandise on credit to Brown Company, Invoice Number $854,$ for $$33,600($cost is $$20,000).$

March $3$ Purchased $$1,500$ of office supplies on credit from Clark Company, terms n$/30.$

March $3$ Sold merchandise on credit to Spencer Lane, Invoice Number $855,$ for $$16,000($cost is $$9,600).$

March $6$ Borrowed $$92,000$ cash from Countryside Bank by signing a long$-$term note payable.

March $9$ Purchased $$22,250$ of office equipment on credit from Walker Supply, terms n$/30.$

March $10$ Sold merchandise on credit to Juan Perez, Invoice Number $856,$ for $$12,800($cost is $$7,700).$

March $12$ Received payment from Brown Company for the March $2$ sale less the discount of $$672.$

March $13$ Sent Thompson Industries Check Number $416$ in payment of the March $1$ invoice less the discount of

$$900.$

March $13$ Received payment from Spencer Lane for the March $3$ sale less the discount of $$320.$

March $14$ Purchased $$43,800$ of merchandise from the Martin Company, terms $2/10,$ n$/30.$

March $15$ Issued Check Number $417$ for $$21,100,$ 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 $$48,000($cost is $$28,800).$ These cash sales are

recorded in the cash receipts journal on March $15.$

March $16$ Purchased $$3,000$ of store supplies on credit from Clark Company, terms n$/30.$

March $17$ Returned $$4,800$ of unsatisfactory merchandise purchased on March $14$ to Martin Company. Hall reduces

accounts payable by that amount.

March $19$ Returned $$3,340$ of office equipment purchased on March $9$ to Walker Supply. Hall reduces accounts

payable by that amount.

March $20$ Received payment from Juan Perez for the sale of March $10$ less the discount of $$256.$

March $23$ Issued Check Number $418$ to Martin Company in payment of the March $14$ purchase less the March $17$

return and the discount of $$780.$

March $27$ Sold merchandise on credit to Juan Perez, Invoice Number $857,$ for $$28,000($cost is $$16,800).$

March $28$ Sold merchandise on credit to Spencer Lane, Invoice Number $858,$ for $$9,600($cost is $$5,800).$

March $31$ Issued Check Number $419$ for $$21,100,$ 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 $$43,200($cost is $$25,900).$ These cash sales are

recorded in the cash receipts journal on March $31.$

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 tab $-$ Enter the transactions that are properly included in this special journal.