Required information The following information applies to the questions displayed below.) Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10,n/30). March 1 Purchased $43,600 of merchandise from Van Industries, terma 2/15, n/30. March 2 Sold merchandise on credit to Min Cho, Invoice Number 854, for $16,800 (cont is $8,400) March (6) Purchased $1,230 of office supplies on credit from Gabel Company, terms n/30. March 3 (b) Sold merchandise on credit to Linda Witt, Invoice Number 855, for $10,200 (cost is 55,800). March 6 Borrowed $82,000 cash from Federal Bank by signing a long-term note payable. March Purchased $21,850 of office equipment on credit from Spell Supply, terma n/30. March 10 Sold merchandise on credit to Jovita Albany, Invoice Number 856, for $5,600 (cost is $2,900). March 12 Received payment from Min Cho for the March 2 sale less the discount of $336. March 13 (a) Sent Van Industries Check Number 416 in payment of the March 1 invoice less the discount of $872. March 13 (b) Received payment from Linda Witt for the March 3 sale less the discount of $204. March 14 Purchased $32,625 of merchandise from the CD Company, terms 2/10, n/30. March 15 (a) Ianued Check Number 417 for $18,300; payee is Payroll, in payment of sales salaries expense for the first half of the month. March 15 (b) Cash sales for the first half of the month are $34,690 (cost is $20,210). These cash sales are recorded in the cash receipts journal on March 15. March 16 Purchased $1,770 of store supplies on credit from Cabel Company, terms n/30. March 17 Returned $2,425 of unsatisfactory merchandise purchased on March 14 to CD Company. Church reduces accounts payable by that amount. March 19 Returned $630 of office equipment purchased on March 9 to Spell Supply Church reduces accounts payable by that anount. March 20 Received payment from Jovita Albany for the sale of March 10 less the discount of 5112. March 25 Tssued Check Number 428 to CD Company in payment of the March 14 purchase less the March 17 return and the $604 discount. March 27 Sold merchandise on credit to Jovita Albany, Invoice Number 857, for $14,910 (cost is $7,220) March 28 Sold merchandise on credit to Landa itt. Invoice Number 858, for $4,315 (cost is $3,280) March 31 () Tasued Check Number 119 for $18,300 payee is Payroll, in payments of wales salaries expense for the last halt of the month. Mareb 31 (b) Cash sales for the last half of the month are $30,180 (cost is $16,820). These cash sales are recorded in the cash receipts journal on March 31. March 31 (e) Verify that amounts impacting customer and creditor accounts were posted and that any amounts that should have been posted as individual amounts to the general ledger accounts were posted. Foot and crossfoot the journals and make the month-end poatings. Assume the following ledger account amounts: Inventory (March 1 beginning balance is $10,000): Z. Church Capital Post Information from the journalin Part 2 to the general ledger GENERAL LEDER Cash De Cr Balance Account Rece De Date Credit Inventory 1 hit Credit Banca Omice Supplies Dahit Det Cro March 01 Marchior arch March 14 65.000 40.000 28.000 65000 105.000 133.000 Store Supplies De Orice Equipment Date Credit Da Debit Cred Balance 1770 March 16 1,770 21.650 530 Accounts Long Term Notes Payable Ancounts Payable Debit Date Cred Balance Date Long Term Nee Paphie Debatt Credit z. Church, Capital Debit Bate Credit Balance Date Debit Credit March 01 Sales Discounts Debit Datu Credit Balance Cost of Goods Sold Debit Date Credit 336 336 204 540 652 1121 Salus Salaries Expense Debit Date Credit Balance HEE Required information Complete this question by entering your answers in the tabs below. General Accounts Accounts Ledger Receivable Payabi Ledger Lediger Post information from the joumals in Part 2 to the accounts receivable ledger ACCOUNTS RECEIVABLE LEDGER Javite Albany Debit Date Min Cho Deb Crot Balance Date Credit Linde Witt Dehir D Credit Balance