Wiset Company completes these transactions during April of the current year $($the terms of all its credit sales are $2/10,$ n$/30).$

April $2$Purchased $$14,000$ of merchandise on credit from Noth Company, terms $2/10,$ n$/60.$April $3($a$)$Sold merchandise on credit to Page Alistair, Invoice Number $760,$ for $$7,000($cost is $$6,000).$April $3($b$)$Purchased $$1,440$ of office supplies on credit from Custer, Incorporated, terms n$/30.$April $4$Issued Check Number $587$ to World View for advertising expense of $$931.$April $5$Sold merchandise on credit to Paula Kohr, Invoice Number $761,$ for $$17,000($cost is $$15,500).$April $6$Returned $$100$ of office supplies purchased on April $3$ to Custer, Incorporated. Wiset reduces accounts payable by that amount.April $9$Purchased $$12,225$ of store equipment on credit from Hal$$s Supply, terms n$/30.$April $11$Sold merchandise on credit to Nic Nelson, Invoice Number $762,$ for $$20,500($cost is $$17,000).$April $12$Issued Check Number $588$ to Noth Company in payment of its April $2$ purchase less the discount of $$280.$April $13($a$)$Received payment from Page Alistair for the April $3$ sale less the discount of $$140.$April $13($b$)$Sold $$10,600$ of merchandise on credit to Page Alistair $($cost is $$9,100),$ Invoice Number $763.$April $14$Received payment from Paula Kohr for the April $5$ sale less the discount of $$340.$April $16($a$)$Issued Check Number $589$ for $$9,950$; payee is Payroll, in payment of sales salaries expense for the first half of the month.April $16($b$)$Cash sales for the first half of the month are $$53,240($cost is $$36,280).$ These cash sales are recorded in the cash receipts journal on April $16.$April $17$Purchased $$13,850$ of merchandise on credit from Grant Company, terms $2/10,$ n$/30.$April $18$Borrowed $$60,000$ cash from First State Bank by signing a long$-$term note payable.April $20($a$)$Received payment from Nic Nelson for the April $11$ sale less the discount of $$410.$April $20($b$)$Purchased $$830$ of store supplies on credit from Hal$$s Supply, terms n$/30.$April $23($a$)$Returned $$650$ of defective merchandise purchased on April $17$ to Grant Company. Wiset reduces accounts payable by that amount.April $23($b$)$Received payment from Page Alistair for the April $13$ sale less the discount of $$212.$April $25$Purchased $$10,475$ of merchandise on credit from Noth Company, terms $2/10,$ n$/60.$April $26$Issued Check Number $590$ to Grant Company in payment of its April $17$ invoice less the return and the $$264$ discount.April $27($a$)$Sold $$4,940$ of merchandise on credit to Paula Kohr, Invoice Number $764($cost is $$4,290).$April $27($b$)$Sold $$13,100$ of merchandise on credit to Nic Nelson, Invoice Number $765($cost is $$10,705).$April $30($a$)$Issued Check Number $591$ for $$9,950$; payee is Payroll, in payment of the sales salaries expense for the last half of the month.April $30($b$)$Cash sales for the last half of the month are $$73,975($cost is $$58,900).$ These cash sales are recorded in the cash receipts journal on April $30.$

Required:

$1-$a$.$ Enter the transactions of the Wiset Company that should be journalized in the purchases journal.

$1-$b$.$ Enter the transactions of the Wiset Company that should be journalized in the cash payments journal.

$1-$c$.$ Prepare a general journal. Enter the transaction of the Wiset Company that should be journalized in the general journal.

$2.$ Enter the March $31$ balances of Cash $($$$79,000),$ Inventory $($$$184,000),$ Long$-$Term Notes Payable $($$$163,000),$ and B$.$ Wiset, Capital $($$$100,000).$ Post the total amounts from the journal in the respective general ledger accounts.

$3.$ Enter the March $31$ balances of Cash $($$$79,000),$ Inventory $($$$184,000),$ Long$-$Term Notes Payable $($$$163,000),$ and B$.$ Wiset, Capital $($$$100,000).$ Post the total amounts from the journal in the respective accounts payable subsidiary ledger accounts for Hal$$s Supply, Noth Company, Grant Company and Custer, Incorporated.

$4-$a$.$ Prepare a trial balance of the general ledger accounts.

$4-$b$.$ Prepare a schedule of accounts payable.