P7-1C. Mary James Mary's Card House in Halifax As her newly hired accountant, your task is to Journaline the following transactions for the month of March Record in subsidiary ledgers and post to the general ledger as appropriate Prepare a schedule of accounts receivable and a schedule of accounts payable at month-end. The following is the partial chart of accounts for Mary's Card House: Case 100 SYGDS e .. Comtal de SIGG M. James, Mar Na 1001,227 Myjne 1500 in de condom 1 hide wonin tortor helmehaniem 55,00 Invoice Nadated March 2/10, 2 Slider In La Carl, Tra 2/10, / 30 fast H nentalu van 81,1%. Sidenhet, STOOL m/waterchand $25 hech from Calen Show 51.00. No. 716 March 7,2/10, Woche 367 12 tumechscat.com 530 Maryl Gel Hanne Mary Credit me. No lol S. Cool225 1 Med from Kapo SAN Md Slach 12.1/15 15 Ang Bank with Bank Depo 14 sh inventory was 1975 15 cm laric, cu 1004 15 Real channel is de of Maryland med den pom 1 Sancho of alcohol 16 Received permetre Ne, ested www.fed 16 Juli 1. odst. M16 Sedan Herbert, 4200. Ime Na co2/10 Color 19 Pochod we delivery track on come from Halterum $140, Sach 19 cm 22 Solda canlechendent, No.2/16 . 75 23 Pie pomoc w 100, Silcance Goletten, NA 3/10 4 hecho AMR 000 Pachodca merchand Mc SUN 16 deed March 28, 2/16 25 min. pwede March 22, Goleador de Munching dom Panel mese foom Xal, 54,400. de March, 2/10 30 Pill of the Hilfe No 10,che Soll mechand to wiem, 51000 love No 7,2/10, Cost of incary was 52,250 P7-1C. Mary James owns Mary's Card House in Halifax. As her newly hired accountant, your task is to Journalize the following transactions for the month of March. Record in subsidiary ledgers and post to the general ledger as appropriate. Prepare a schedule of accounts receivable and a schedule of accounts payable at month-end. The following is the partial chart of accounts for Mary's Card House: Assets Revenue 1100 Cash 4100 Card Sales 1200 Accounts Receivable 4120 Sales Returns and Allowances 4130 Sales Discounts 1300 Gard Display Supplies 1450 Prepaid Rent 1500 Inventory 1620 Delivery Truck Cost of Goods 5100 Cost of Goods Sold Liabilities 2100 Accounts Payable 2200 Bank Loan Payable Expenses 6100 salaries Expense 6150 Cleaning Expense Owner's Equity 3000 M. James, Capital 2022 Mar. 1 Mary James invested $15,000 in the card store 1 Paid three months' rent in advance to Harbour Realty, cheque No. 1001, $2,700. 1 Purchased merchandise from X-Card Company on account, $5,000. Invoice No 710, dated March 1, terms 2/10,n/30. 2 Sold merchandise to Jas Investors on account, $1,800. Invoice No. 601, terms 2/10, n/30. Cost of merchandise was $1,350. 6 Sold merchandise to Paton Lee on account, $700. Invoice No. 602, terms 2/10, n/30. Cost of merchandise was $525. 8 Purchased merchandise from X-Card Company on account, $1,500. Invoice No. 716, dated March 7, terms 2/10, n/30. 9 Sold merchandise to Jas Investors on account, $900. Invoice No. 603, terms 2/10, n/30. Cost of merchandise was 5675. 9 Paid Able Cleaning Service $360. Cheque No. 1002. Paid X-Card Company invoice No. 710, dated March 1, cheque No 1003, taking discount 11 6 Sold merchandise to Puron l.ce on account, 5700. Invoice No. 602, terms 2/10, 1/30. Cost of merchandise was $525. 8 Purchased merchandise from X-Gand Company on account, $1,500. Invoice Na 716, daned March 7, terms 2/10, 1/30. 9 Sold merchandise to jas Investors on account, $900. Invoice No 603, terms 2/10,n/30 Cost of merchandise was $675. 9 Paid Able Cleaning Service 5360. Cheque Na 1002. 11 Paid X-Card Company invoice No. 710, dated March 1. cheque Na 1003, taking discount. 12 Paton lee returned merchandise that cost $300 to Mary's Card House Mary issued credit memorandum Na 1 to Paton Lee for $300. Cost of inventory returned was $225. 12 Purchased merchandise from Kaelynn Imports on account, $4,000. Invoice Na 311, dated March 12, terms 1/15, 1/60 13 Arranged $20,000 bank loan with Royal Bank. Deposited today to 14 Sold $1,300 worth of cand merchandise for cash. Cost of inventory was $975 15 Paid casual salaries, 5600, cheque Na 1004 15 Returned merchandise to Kaclynn Imports in the amount of $1,000. Mary's Card House issued debit memorandum Na Ito Kaelynn Imports 16 Sold card merchandise for cash, $4,000. Cost of inventory was $3,000 16 Received payment from Paton Lee, invoice No 602, (ess returned merchandise), less discount. 16 Jas Investors paid invoice No 601, no discount. Mar. 16 Sold card suppoes to Gayic Herbert on account, $4,000. Invoice Na 604,terms 2/10, 1/30 Cost of inventory was $3,000 19 Purchased used delivery truck on account from Halifax Auto, $14,000. Invoice No 1471, dated March 19 (no discount terms), 22 Sold to Jas Investoes cand merchandise on account, 5900. Invoice Na 605, terms 2/10, 1/30. Cost of inventory was $675. 23 Paid Kaclynn Imports balance owod, cheque Na 1005, taking discount. 23 Sold card merchandise an account to Gayle Herbert, S1,100. Invoice No 606 terms 2/10, n/30. Cost of inventory was $825. 24 Purchased for cash, cand display supplies from AMR Supplies, $600, Cheque Na 1006 26 Purchased card merchandise from Benson and McIntyre on account, S4,800. Invoice Na 211, dared March 26, terms 2/10, 1/30 26 Jas Investors paid invoice Na 605, dated March 22, taking 27 Gayle Herbert paid invoice Na 606, dated March 23, taking discount 29 Purchased merchandise from X-Card Company. $1,400. Invoice No 736, dated March 26, terms 2/10,0/30. 30 Paid half of the balance to Halifax Auto on their invoice Na 1471, cheque Na 1007 31 Sold merchandise to Youville Company on account, $3,000. Invoice No 607, terms 2/10,/30 Cost of inventory was $2,250 discount P7-1C. Mary James Mary's Card House in Halifax As her newly hired accountant, your task is to Journaline the following transactions for the month of March Record in subsidiary ledgers and post to the general ledger as appropriate Prepare a schedule of accounts receivable and a schedule of accounts payable at month-end. The following is the partial chart of accounts for Mary's Card House: Case 100 SYGDS e .. Comtal de SIGG M. James, Mar Na 1001,227 Myjne 1500 in de condom 1 hide wonin tortor helmehaniem 55,00 Invoice Nadated March 2/10, 2 Slider In La Carl, Tra 2/10, / 30 fast H nentalu van 81,1%. Sidenhet, STOOL m/waterchand $25 hech from Calen Show 51.00. No. 716 March 7,2/10, Woche 367 12 tumechscat.com 530 Maryl Gel Hanne Mary Credit me. No lol S. Cool225 1 Med from Kapo SAN Md Slach 12.1/15 15 Ang Bank with Bank Depo 14 sh inventory was 1975 15 cm laric, cu 1004 15 Real channel is de of Maryland med den pom 1 Sancho of alcohol 16 Received permetre Ne, ested www.fed 16 Juli 1. odst. M16 Sedan Herbert, 4200. Ime Na co2/10 Color 19 Pochod we delivery track on come from Halterum $140, Sach 19 cm 22 Solda canlechendent, No.2/16 . 75 23 Pie pomoc w 100, Silcance Goletten, NA 3/10 4 hecho AMR 000 Pachodca merchand Mc SUN 16 deed March 28, 2/16 25 min. pwede March 22, Goleador de Munching dom Panel mese foom Xal, 54,400. de March, 2/10 30 Pill of the Hilfe No 10,che Soll mechand to wiem, 51000 love No 7,2/10, Cost of incary was 52,250 P7-1C. Mary James owns Mary's Card House in Halifax. As her newly hired accountant, your task is to Journalize the following transactions for the month of March. Record in subsidiary ledgers and post to the general ledger as appropriate. Prepare a schedule of accounts receivable and a schedule of accounts payable at month-end. The following is the partial chart of accounts for Mary's Card House: Assets Revenue 1100 Cash 4100 Card Sales 1200 Accounts Receivable 4120 Sales Returns and Allowances 4130 Sales Discounts 1300 Gard Display Supplies 1450 Prepaid Rent 1500 Inventory 1620 Delivery Truck Cost of Goods 5100 Cost of Goods Sold Liabilities 2100 Accounts Payable 2200 Bank Loan Payable Expenses 6100 salaries Expense 6150 Cleaning Expense Owner's Equity 3000 M. James, Capital 2022 Mar. 1 Mary James invested $15,000 in the card store 1 Paid three months' rent in advance to Harbour Realty, cheque No. 1001, $2,700. 1 Purchased merchandise from X-Card Company on account, $5,000. Invoice No 710, dated March 1, terms 2/10,n/30. 2 Sold merchandise to Jas Investors on account, $1,800. Invoice No. 601, terms 2/10, n/30. Cost of merchandise was $1,350. 6 Sold merchandise to Paton Lee on account, $700. Invoice No. 602, terms 2/10, n/30. Cost of merchandise was $525. 8 Purchased merchandise from X-Card Company on account, $1,500. Invoice No. 716, dated March 7, terms 2/10, n/30. 9 Sold merchandise to Jas Investors on account, $900. Invoice No. 603, terms 2/10, n/30. Cost of merchandise was 5675. 9 Paid Able Cleaning Service $360. Cheque No. 1002. Paid X-Card Company invoice No. 710, dated March 1, cheque No 1003, taking discount 11 6 Sold merchandise to Puron l.ce on account, 5700. Invoice No. 602, terms 2/10, 1/30. Cost of merchandise was $525. 8 Purchased merchandise from X-Gand Company on account, $1,500. Invoice Na 716, daned March 7, terms 2/10, 1/30. 9 Sold merchandise to jas Investors on account, $900. Invoice No 603, terms 2/10,n/30 Cost of merchandise was $675. 9 Paid Able Cleaning Service 5360. Cheque Na 1002. 11 Paid X-Card Company invoice No. 710, dated March 1. cheque Na 1003, taking discount. 12 Paton lee returned merchandise that cost $300 to Mary's Card House Mary issued credit memorandum Na 1 to Paton Lee for $300. Cost of inventory returned was $225. 12 Purchased merchandise from Kaelynn Imports on account, $4,000. Invoice Na 311, dated March 12, terms 1/15, 1/60 13 Arranged $20,000 bank loan with Royal Bank. Deposited today to 14 Sold $1,300 worth of cand merchandise for cash. Cost of inventory was $975 15 Paid casual salaries, 5600, cheque Na 1004 15 Returned merchandise to Kaclynn Imports in the amount of $1,000. Mary's Card House issued debit memorandum Na Ito Kaelynn Imports 16 Sold card merchandise for cash, $4,000. Cost of inventory was $3,000 16 Received payment from Paton Lee, invoice No 602, (ess returned merchandise), less discount. 16 Jas Investors paid invoice No 601, no discount. Mar. 16 Sold card suppoes to Gayic Herbert on account, $4,000. Invoice Na 604,terms 2/10, 1/30 Cost of inventory was $3,000 19 Purchased used delivery truck on account from Halifax Auto, $14,000. Invoice No 1471, dated March 19 (no discount terms), 22 Sold to Jas Investoes cand merchandise on account, 5900. Invoice Na 605, terms 2/10, 1/30. Cost of inventory was $675. 23 Paid Kaclynn Imports balance owod, cheque Na 1005, taking discount. 23 Sold card merchandise an account to Gayle Herbert, S1,100. Invoice No 606 terms 2/10, n/30. Cost of inventory was $825. 24 Purchased for cash, cand display supplies from AMR Supplies, $600, Cheque Na 1006 26 Purchased card merchandise from Benson and McIntyre on account, S4,800. Invoice Na 211, dared March 26, terms 2/10, 1/30 26 Jas Investors paid invoice Na 605, dated March 22, taking 27 Gayle Herbert paid invoice Na 606, dated March 23, taking discount 29 Purchased merchandise from X-Card Company. $1,400. Invoice No 736, dated March 26, terms 2/10,0/30. 30 Paid half of the balance to Halifax Auto on their invoice Na 1471, cheque Na 1007 31 Sold merchandise to Youville Company on account, $3,000. Invoice No 607, terms 2/10,/30 Cost of inventory was $2,250 discount