1.Sport Direct, a sport stuff shop. At the beginning of the current season, the ledger of Sport Direct shop showed cash $2,200, Inventory $1,800, and Share capital - Ordinary $4,000. The following transactions were completed during April.

April 8) Sold Merchandise to members for $1,150 on account terms n/30. The merchandise sold had a cost of $790.

April 9) Paid office rent $1,500 cash.

April 10) Returned merchandise for Jay-Mac Co. for $60, for a racquets that were defective.

April 11) Purchased tennis shoes from Li Sports for $420 cash.