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[[preprinted]] 272 [[/preprinted]] April 14th John Cajoy Leonardtown, Md. Sir: Ten & 45/100 March, deducting Ballantyne's bill of $7 05/100 & subscription fee for New. Era, $2 50/100 W. L. VanDerlip Bvt. Maj &c per J. Q. Crosby
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The instructions say the goal is to make it searchable and readable, in which case the blank lines help with that.
it is really not necessary to put lines between entries, look at instructions for formatting