The provided documents describe two business transactions.

$($Click the icon to view the invoice.$)($Click the icon to view the debit memo.$)$

Eddie's Bicycle Shop paid the balance due on March $21.$

Both Eddie's Bicycle Shop and Schneider Company use a perpetual inventory system.

Schneider Company's cost of the bicycles sold to Eddie's Bicycle Shop was $$1,561.$ Schneider Company's cost of the returned merchandise was $$378.$

Required

Requirement $1.$ Record these transactions and Eddie's cash payment on March $21$ in the books of Eddie's Bicycle Shop. $($Record debits first, then cre the nearest whole dollar.$)$

March $14$: Eddie's Bicycle Shop purchases bicycles from Schneider Company.

Mar.

Invoice

$\backslash$table$[[$Date:$,,\backslash$table$[[$Invoice$],[$March $14,2023]]],[,$Eddie's Bicycle Shop$],[$Sold$,,$Schneider Company$],[,,\frac{3}{10},\frac{n}{30}$