Question: q2 a little help here please Question 2 (13 points)| Saved Presented here are selected transactions for Nolan Lid. during March of the current year,

q2 a little help here please

q2 a little help here please Question 2 (13
Question 2 (13 points)| Saved Presented here are selected transactions for Nolan Lid. during March of the current year, Nolan uses a perpetual inventory system. March 1 Paid $1 800 rent for March. March 2 Purchased equipment on account for $30,000, terms n/30, FOB destination. March 3 Nolan bought office supplies for $300 on account. March 4 Purchased merchandise on account from Hillary Corp. at a cost of $70,000, terms 1/15. -/ 30. FOB shipping point. March 5 Purchased furniture for $9.500, paying $4,000 in cash and the balance by signing a note payable that is due in four months. March 6 Returned damage goods costing $5,000 that were originally purchased from Hillary Corp. on March 4. ( mark March 7 Sold merchandise costing $15.000 to Fisher Lid. for $22,090 on account, terms 2/10, n/30. (2 marks) March 15 Collected the amount owing from the March 7th transaction. March 22 Paid the amount owing for the office supplies on March 3rd. March 25 Received $2,000 as a down payment for merchandise to be provided in May. March 31 Paid the March income tax of $ 200 REQUIRED: Prepare journal entries for the above March transactions. Omit explanations. Note: Once you click in the table below, you can drag the dotted triangle at the bottom right corner of the text editor window to make it bigger. If you accidentally delete the below table, you can add a new one using the rich-text editor, or try to make your answer as clear as possible using paragraphs and spaces. Format B IU Date Account Titles Debit Credit Mer 1 Rent expense 1800 Cash 1800

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