March 1 Purchased $37,000 berchandise from Van Industries, terms 1/15, n/30, March 2 Sold merchandise on credit to Min Cho, Invoice Number 854 , for $14,800(cost is $7,460). March 3 (a) Purchased $1,110 of office supplies on credit fron Gabel Company, terms n/30. March 3 (b) Sold merchandise on credit to Linda Witt, Invoice Nunber 855 , for $7,400(cos is $3,790). March 5 Borrowed $72,080 cash from Federal Bank by signing a long-tern note payable. March 9 Purchased $18,560 of office equipment on credit fron Spel1 Supply, terms n/30. March 10. Sold merchandise on credit to Jovita Albany, Invoice Nunber 856 , for $3,700 (cost is $1,859 ). March 12 Received paynent from Min Cho for the March 2 sale less the discount of $148. March 13(a) Sent Van Industries Check Number 416 in paynent of the March 1 invoice less the discount of s37e. March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of 574. March 14 Purchased $32,000, of nerchandise fron the CD Company, terms 1/10,n/30. March 15 (a) Issued Check Number 417 for \$16,800; payee is Payroli, in payment of sales sataries expense for the first half of the inonth. March 15 (b) Cash sales for the first half of the month are $59,200 (cost is $47,360 ). These cash sates are recorded in the cash receipts journal on March 15 . March 16 Purchased $1,630 of store supplies on credit from Gabel Conpany, terms n/30. March 17 Returned $3,200 of unsatisfactory merchandise purchased on March 14 to CD Conpany. Church reduces March 19 Returned $555 of office equipnent purchased on March 9 to Spetl Supply. Church reduces accounts March 20. Rayable by that asount, Received paynent from Jovita Albany for the sale of March 10 less the discount of $37. March 23 Issued Check Number 418 to CD Company in payment of the March 14 purchase less the March 17 return March 27 and the $288 discount. March 27 Sold merchandise on credit to Jovita Albany, Invoice Nunber 857 , for $11,100 (cost is $4,440). March 28 Sold merchandise on credit to Linda Witt, Invoice Number 858 , for $4,440 (cost is 51,776 ). last half of the month. Karch 31 (b) Cash sales for the last half of the month are 565,120(cost15539,072). These cash sales are. March 31 (c) recorded in the cash receipts journal on Mareh 31. verify that anounts inpacting custoner and creditor accounts were posted and that any anounts that crosstoot the journats and nake the nonth-end postings. Assume the following tedger account amounts. Inventory (March 1 beginning baiance is $64,000 ), z Church, Capital (March 1 Post information from the journals in Part 2 to the accounts payable subsidiary ledgers. Prepare the March 31 trial balance. Prepare the March 31 schedule of accounts recelvable. Prepare the March 31 schedule of accounts payable