The following selected transactions were completed by Niles Co. during March of the current year. Niles Co. uses the net method under a perpetual inventory system. Mar. 1. Purchased merchandise from Haas Co., $10,500, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $205 was added to the invoice. 5. Purchased merchandise from Whitman Co., $15,567, terms FOB destination, n/30. 10. Paid Haas Co. for invoice of March 1. 13. Purchased merchandise from Jost Co., $13,050, terms FOB destination, 2/10, n/30. 14. Issued debit memo to Jost Co. for merchandise with an invoice amount of $4,850 returned from purchase on March 13. 18. Purchased merchandise from Fairhurst Company, $29,130, terms FOB shipping point, n/eom. 18. Paid freight of $415 on March 18 purchase from Fairhurst Company. 19. Purchased merchandise from Bickle Co., $22,800, terms FOB destination, 1/10, n/30. 23. Paid Jost Co. for invoice of March 13, less debit memo of March 14. 29. Paid Bickle Co. for invoice of March 19. 31. Paid Fairhurst Company for invoice of March 18. 31. Paid Whitman Co. for invoice of March 5. Mar. 1 Inventory Accounts Payable-Haas Co. Mar. 5 Inventory Accounts Payable-Whitman Co. Mar. 10 Accounts Payable-Haas Co. Cash Mar. 13 Inventory Accounts Payable-Jost Co. II II III II II II II II II II II II II IL Mar. 14 Accounts Payable-Jost Co. Inventory Mar. 18 Inventory Accounts Payable-Fairhurst Company Mar. 18 Inventory Cash Mar. 19 Inventory Accounts Payable-Bickle Co. Mar. 19 Inventory Accounts Payable-Bickle Co. II II II II Mar. 23 Accounts Payable-Jost Co. Cash Mar. 29 Accounts Payable-Bickle Co. Cash Mar. 31 Accounts Payable-Fairhurst Company Cash Mar. 31 Accounts Payable-Whitman Co. Cash