Wiset Company completes these transactions during April of the current year (the terms of all its credits sales are 2 / 10 , n / 30 ). April 2.Purchased 15.300 $ of merchandise on credit from Noth Company,invoice dated April 2, terms 2/10 ,n/60. 3.Sold merchandise on credit to Page Alistair,invoice no 760 for 4.400 $ ( cost is 3600 $ ) 3. Purchased 1500 $ of office supplies on credit from Custer ,Inc Invoice dated April 2,terms n/10 EOM. 4. Issued check no 587 to World View for advertising expense 857 $. 5. Sold merchandise on credit to Paula Kohr,invoice no 761,for 9.700 (cost is 7.300) 6. Received an 85 $ credit memorandum from Custer Inc,for the return of some of the office supplies received on April 3. 9 .Purchased 11.740 $ of store equipment on credit from Hal s Supply ,invoice dated April 9 ,terms n/10 EOM. 11. Sold merchandise on credit to Nic Nelson,invoice no 762 ,for 12.900 ( cost is 7.500 $) 12. Issued check no 588 to Noth Company in payment of its April 2 invoice less the discount. 13. Received payment from Page Alistair for the April 3 sale less the discount. 13. Sold 9.900 $ of merchandise on credit to Page Alistair ( cost is 3.300 ) invoice no 763. 14. Received payment from Paula Kohr for the April 5 sale less the discount. 16. Issued check no 589 ,payable to Payroll ,in payment of sales salaries expense for the first half of the month , 9.000 $ cashed the check and paid employees. 16. Cash sales for the first half of the month are 57.560 $ ( cost is 43.000 $) ( cash sales are recorded daily from cash register data but are recorded only twice in this problem to reduce repetitive entries) 17. Purchased 13.400 $ of merchandise on credit from Grant Company,invoice dated April 17 ,terms 2 / 10 , n / 30. 18. Borrowed 65.000 $ cash from First State Bank by signing a long term note payable. 20 .Received ppayment from Nic Nelson for the April 11 sale less the discount. 20. Purchased 1.050 $ of store supplies on credit from Hal s Supply, invoice dated April 19,terms n/10 EOM 23.Received a 1.000 $ credit memorandum from Grant Company for the return of defective merchandise received on April 17. 23.Received payment from Page Alistair for the April 13 sale less the discount. 25 .Purchased 11.955 $ of merchandise In credit from Noth Company ,invoice dated April 24,terms 2 / 10, n/60 26. Issued check no 590 to Grant Company in payment of its April 17 invoice less the return discount 27. Sold 3.360 $ of merchandise on credit to Paula Kohr,invoice no 764 ( cost is 2.500 $) 27. Sold 6.700 $ of merchandise on credit to Nic Nelson, invoice no 765 ( cost is 5.030 $) 30 . Issued check no 591 ,payable to Payroll ,in payment of the sales salaries expense for the last half of the month 9.000 $. 30 .Cash sales for the last half of the month are 78.700 ,$ ( cost is 59.700 ) Assume that Wiset Co uses the perpetual inventory system. 2 & 3 Enter the March 31 balances of cash 98.000 $, Inventory 145.000 $ ,Long term notes payable 143.000 $ and B Wiset Capital 100.000 $. Post the total amounts from the journal in the following general ledger accounts and in the accounts payable subsidiary ledger accounts for Hal s Supply,Noth Company ,Grant Company and Custer Inc. 4.a Prepare a trial balance. 4.b.Prepare a schedule of accounts payable.

Enter the March 31 balances of cash 98.000 $ ,Inventory 145.000 $ ,Long term notes payable 143.000 $ and B Wiset Capital 100.000 $.Post the total amounts from the journal in the following General Ledger accounts and in the accounts payable subsidiary ledger accounts for Hal s Supply ,Noth Company Grant Company and Custer Inc. Prepare a trial balance . Prepare a schedule of accounts payable.