At the beginning of the current season on April 1, the edger of Yolanda's Discorama showed Cash $1,800, Inventory $2,500, and Owner's Capital $4,300. The following transactions were completed during April 2022.

Apr. 5 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,200, FOB shipping point, terms 2/10, n/60.
7 Paid freight on the Mumford purchase $50.
9  Received credit from Mumford Co. for merchandise returned $100.
10 Sold merchandise on account for $900, terms n/30. The merchandise sold had a cost of $540.
12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $670, terms 1/ 10, n/30.
14 Paid Mumford Co. in full, less discount.
17 Received credit from Saucer Sportswear for merchandise returned $70.
20 Made sales on account for $610, terms n/30. The cost of the merchandise sold was $370.
21  Paid Saucer Sportswear in full, less discount.
27 Granted an allowance to customers for clothing that did not fit $20.
30 Received payments on account from customers $900.

The chart of accounts for the store includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 201 Accounts Payable, No. 301 Owner's Capital, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, and No. 505 Cost of Goods Sold.

Instructions.
a. Journalize the April transactions using a perpetual inventory system.
b. Enter the beginning balances in the ledger accounts and post the April transactions.
c. Prepare a trial balance on April 30, 2022.