Set forth below is the adjusted trial balance of the Trough Corp. as of 31 March 20X2:

Account		Debit			Credit
Cash	$	23,500
Accounts receivable		68,400
Merchandise inventory		82,850
Prepaid rent		7,100
Equipment		25,900
Accumulated depreciation				$	4,780
Accounts payable					29,490
Note payable					28,300
Accrued interest payable					1,700
Capital stock					21,250
Retained earnings					122,230
	$	207,750		$	207,750

The following information describes the companys April transactions and provides the data required for month-end adjustments:

• Cash sales were $85,000.
• Sales on account were $77,700.
• Repaid $9,100 of note payable principal on 1 April.
• Operating expenses of $22,750 were paid in cash.
• Collected $37,310 in cash from customers on account.
• Wrote off $1,820 of accounts receivable as uncollectible. No other accounts receivable are in doubt of collection.
• Shareholders invested $19,100 in the business in exchange for 1,000 common shares.
• Bought $81,100 of merchandise on account.
• Ending merchandise inventory was $52,500.
• Paid suppliers $36,100 on account.
• Spent $4,100 for advertising to take place in May 20X2.
• Paid $13,400 in cash for wages, and still owed $1,600 for wages at month-end.
• The rent had previously been paid in advance to 31 July 20X2.
• The equipment has a total useful life of 10 years, and salvage of $3,100. These estimates have not changed since the asset was first acquired.
• The note payable bears an interest rate of 6% per year, and interest is due on 1 May.

Required:

1. Journalize the April transactions and adjusting journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculations.)

2. Prepare an SCI and SFP for the month of April.