Journalize entries for the following related transactions of Greenville Heating \& Air Company. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Mar. 1 Purchased $51,300 of merchandise from Foster Co. on account, terms 2/10,n/30. Paid the amount owed on the invoice within the discount period. 11 Discovered that $7,300 of the merchandise purchased on Mar. 1 was defective and returned items, receiving credit. 18 Purchased $6,200 of merchandise from Foster Co. on account, terms n/30. 20 Received a refund from Foster Co. for return on Mar. 11 less the purchase on Mar. 18. ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 610 Rent Revenue 125 Notes Receivable 130 Merchandise Inventory EXPENSES 140 Office Supplies 501 Cost of Merchandise Sold 141 Store Supplies 521 Delivery Expense 142 Prepaid Insurance 522 Advertising Expense 180 Land 524 Depreciation Expense-Store Equipment 192 Store Equipment 525 Depreciation Expense-Office Equipment 193 Accumulated Depreciation-Store Equipment 531 Rent Expense 194 Office Equipment 533 Insurance Expense 195 Accumulated Depreciation-Office Equipment 534 Store Supplies Expense 535 Office Supplies Expense LIABILITIES 536 Credit Card Expense 211 Accounts Payable-Foster Co. 539 Miscellaneous Expense 218 Sales Tax Payable 710 Interest Expense 219 Customer Refunds Payable 220 Unearned Rent 221 Notes Payable EQUITY 310 Owner, Capital 311 Owner, Drawing Journalize entries for the related March transactions of Greenville Heating \& Air Company. Refer to the chart of accounts for the exact wording of the account titles. CNOW joumals do r use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Journalize the entries for the following transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. (Note: the company uses a clearinghouse to take care of all bank as well as non-bank credit cards used by its customers.) Mar. 1 Sold merchandise for cash, $33,900. The cost of the merchandise sold was $18,306. 10 Sold merchandise on account, $262,400. The cost of the merchandise sold was $141,696. 12 Sold merchandise to customers who used MasterCard and VISA, $169,100. The cost of the merchandise sold was $91,314. 17 Sold merchandise to customers who used American Express, \$72,500. The cost of the merchandise sold was $39,150. 31 Paid $8,570, to National Clearing House Credit Co. for service fees for processing MasterCard, VISA, and American Express sales. CHART OF ACCOUNTS General Ledger ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 610 Rent Revenue 125 Notes Receivable 130 Merchandise Inventory EXPENSES 131 Estimated Returns Inventory 510 Cost of Merchandise Sold 140 Office Supplies 521 Delivery Expense 141 Store Supplies 522 Advertising Expense 142 Prepaid Insurance 524 Depreciation Expense-Store Equipment 180 Land 525 Depreciation Expense-Office Equipment 192 Store Equipment 526 Salaries Expense 193 Accumulated Depreciation-Store Equipment 531 Rent Expense 194 Office Equipment 533 Insurance Expense 195 Accumulated Depreciation-Office Equipment 534 Store Supplies Expense 535 Office Supplies Expense LIABILITIES 536 Credit Card Expense 210 Accounts Payable 539 Miscellaneous Expense 216 Salaries Payable 710 Interest Expense 218 Sales Tax Payable 219 Customers Refunds Payable 220 Unearned Rent 221 Notes Payable EQUITY 310 Owner, Capital 311 Owner, Drawing 312 Income Summary JOURNAL ACCOUNTING EQUATION