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Church company completes these transactions

28/04/2021 Client: muhammad11 Deadline: 2 Day

Church Company completes these transactions and events during March of the current year (terms for all its credit sales are 2/10, n/30).

Mar. 1 Purchased $43,600 of merchandise from Van Industries, invoice dated March 1, terms 2/15, n/30.

2 Sold merchandise on credit to Min Cho, Invoice No. 854, for $ 16,800 (cost is $ 8,400).

3 Purchased $ 1,230 of office supplies on credit from Gabel Company, invoice dated March 3, terms n/10 EOM.

3 Sold merchandise on credit to Linda Witt, Invoice No. 855, for $ 10,200 (cost is $ 5,800).

6 Borrowed $ 82,000 cash from Federal Bank by signing a long-term note payable.

9 Purchased $ 21,850 of office equipment on credit from Spell Supply, invoice dated March 9, terms n/10 EOM.

10 Sold merchandise on credit to Jovita Albany, Invoice No. 856, for $ 5,600 (cost is $ 2,900).

12 Received payment from Min Cho for the March 2 sale less the discount.

13 Sent Van Industries Check No. 416 in payment of the March 1 invoice less the discount.

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