Ryan 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 $46,100 of merchandise from Lee Industries, terms 2/15, n/30. March 2 Sold merchandise on credit to Mannion Company, Invoice Number 854, for $46,800 (cost is $28,000). March 3 Purchased $1,300 of office supplies on credit from Hall Company, terms n/30. March 3 Sold merchandise on credit to Susan Allen, Invoice Number 855, for $19,000 (cost is $11,400). March 6 Borrowed $96,000 cash from First Bank by signing a long-term note payable. March 9 Purchased $22,350 of office equipment on credit from Sanchez Supply, terms n/30. March 10 Sold merchandise on credit to Rick Mitchell, Invoice Number 856, for $15,200 (cost is $9,100). March 12 Received payment from Mannion Company for the March 2 sale less the discount of $936. March 13 Sent Lee Industries Check Number 416 in payment of the March 1 invoice less the discount of $922. March 13 Received payment from Susan Allen for the March 3 sale less the discount of $380. March 14 Purchased $52,600 of merchandise from the Turner Company, terms 2/10, n/30. March 15 Issued Check Number 417 for $23,300, 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 $43,000 (cost is $25,800). These cash sales are recorded in the cash receipts journal on March 15. March 16 Purchased $2,400 of store supplies on credit from Hall Company, terms n/30. March 17 Returned $5,600 of unsatisfactory merchandise purchased on March 14 to Turner Company. Ryan reduces accounts payable by that amount. March 19 Returned $3,350 of office equipment purchased on March 9 to Sanchez Supply. Ryan reduces accounts payable by that amount. March 20 Received payment from Rick Mitchell for the sale of March 10 less the discount of $304. March 23 Issued Check Number 418 to Turner Company in payment of the March 14 purchase less the March 17 return and the discount of $940. March 27 Sold merchandise on credit to Rick Mitchell, Invoice Number 857, for $33,000 (cost is $19,800). March 28 Sold merchandise on credit to Susan Allen, Invoice Number 858, for $11,400 (cost is $6,800). March 31 Issued Check Number 419 for $23,300, 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 $38,700 (cost is $23,200). These cash sales are recorded in the cash receipts journal on March 31. Requirement General Journal General Ledger Trial Balance Cash Rec Journal Cash Disb Journal Purchases Journal Sales Journal