The following information applies to the questions displayedbelow.] Church Company completes these transactions and eventsduring March of the current year (terms for all its credit salesare 1/10, n/30). Mar. 1 Purchased $39,000 of merchandise from VanIndustries, terms 1/15, n/30. 2 Sold merchandise on credit to MinCho, Invoice No. 854, for $15,600 (cost is $7,800). 3 (a) Purchased$1,170 of office supplies on credit from Gabel Company, terms n/30.3 (b) Sold merchandise on credit to Linda Witt, Invoice No. 855,for $7,800 (cost is $3,900). 6 Borrowed $72,000 cash from FederalBank by signing a long-term note payable. 9 Purchased $19,500 ofoffice equipment on credit from Spell Supply, terms n/30. 10 Soldmerchandise on credit to Jovita Albany, Invoice No. 856, for $3,900(cost is $1,950). 12 Received payment from Min Cho for the March 2sale less the discount of $156. 13 (a) Sent Van Industries CheckNo. 416 in payment of the March 1 invoice less the discount of$390. 13 (b) Received payment from Linda Witt for the March 3 saleless the discount of $78. 14 Purchased $26,000 of merchandise fromthe CD Company, terms 1/10, n/30. 15 (a) Issued Check No. 417 for$16,100, payee is Payroll, in payment of sales salaries expense forthe first half of the month. 15 (b) Cash sales for the first halfof the month are $62,400 (cost is $49,920). These cash sales arerecorded in the cash receipts journal on March 15. 16 Purchased$1,690 of store supplies on credit from Gabel Company, terms n/30.17 Returned $2,600 of unsatisfactory merchandise purchased on March14 to CD Company. Church reduces accounts payable by that amount.19 Returned $585 of office equipment purchased on March 9 to SpellSupply. Church reduces accounts payable by that amount. 20 Receivedpayment from Jovita Albany for the sale of March 10 less thediscount of $39. 23 Issued Check No. 418 to CD Company in paymentof the March 14 purchase less the March 17 return and the $234discount. 27 Sold merchandise on credit to Jovita Albany, InvoiceNo. 857, for $11,700 (cost is $4,680). 28 Sold merchandise oncredit to Linda Witt, Invoice No. 858, for $4,680 (cost is $1,872).31 (a) Issued Check No. 419 for $16,100, payee is Payroll, inpayment of sales salaries expense for the last half of the month.31 (b) Cash sales for the last half of the month are $68,640 (costis $41,184). These cash sales are recorded in the cash receiptsjournal on March 31. 31 (c) Verify that amounts impacting customerand creditor accounts were posted and that any amounts that shouldhave been posted as individual amounts to the general ledgeraccounts were posted. Foot and crossfoot the journals and make themonth-end postings. Assume the following ledger account amountsInventory (March 1 beg. bal. is $65,000), Z. Church, Capital (March1 beg. bal. is $65,000) and Church Company uses the perpetualinventory system.

Required:
2-a. Enter the transactions in a sales journal.
2-b. Enter the transactions in a purchasesjournal.
2-c. Enter the transactions in a cash receiptsjournal.
2-d. Enter the transactions in a cash paymentsjournal.
2-e. Enter the transactions in a generaljournal.

Complete this question byentering your answers in the tabsbelow.

• Req 2A
• Req 2B
• Req 2C
• Req 2D
• Req 2E

Enter the transactions in a sales journal.

Req2A:

	SALES JOURNAL Date Account Debited Invoice Number Accounts Receivable Dr. Sales Cr. Cost of Goods Sold Dr. InventoryCr. Mar. 01 Van Industries $39,000 Mar. 02 Min Cho 854 15,600 Mar. 31 Totals $54,600 $0

• Req 2B:

	PURCHASES JOURNAL Date Account Date of Invoice Terms Accounts Payable Cr. Inventory Dr. Office Supplies Dr. Other Accounts Dr. Mar. 31 Totals $0 $0 $0 $0