Morrill Manufacturing Had Inventory of $350 on March 1 $\$ 1 , 8 00$

Essay

Morrill Manufacturing had inventory of $350 on March 1.The company had the following transactions during March.
March 2 Purchased inventory on arcount for $\$ 1 , 8 00$ , terms $2 / 10 , n / 30 .$
March 3 Returned $\$ 150$ worth of inventory from the Mar. 2 purchase.
March9 Iaid the appropriate amount for the inventory purchased on Mar. 2 .
March 17 Sold inventory costing $\$ 1,000$ for $\$ 1,920$ in cash.
March 28 IPrepared closing entries for the month (prepare entries only for sales and cost of goods sold) Prepare the appropriate journal entry for each of the above transactions assuming Morrill Manufacturing uses the perpetual inventory method.