2 Tiger Woods, a former professional golf star, operates Woods's Pro Shop at Bay Golf Course. At the beginning of the current season on 1 April, the ledger of s Woods's Pro Shop showed Cash $2,500, Inventory $3,500, and Tiger Woods, Capital $6,000. The following transactions were completed during April. Apr. 52 Purchased golf bags, clubs and balls on account from Ellis Co. $1,800. FOB shipping point, terms 2/10, n/60. 72 Paid freight on Ellis purchase $80.- 94 Received credit from Ellis Co. for inventory returned $100.- 104 Sold inventory on account to members $1200, terms n/30. The inventory had a cost of $810. 124 Purchased golf shoes, clothing and other accessories on account from Penguin Sportswear $660, terms 1/10, n/30. 144 Paid Ellis Co. In full, less discount 174 Received credit from Penguin Sportswear for inventory returned $60. 20 Made sales on account to members $700, terms n/30. The cost of the inventory sold was $490. 21 Paid Penguin Sportswear in full, less discount. 274 Granted an allowance to members for clothing that did not fit properly $40.2 304 Received payments on account from members $1000.- e 1. e 1. | 1. The chart of accounts for the pro shop includes the following account name: Cash; Accounts Receivable; Inventory; Accounts Payable; Tiger Woods, Capital; Sales; Sales Returns and Allowances; Cost of Goods Sold e Required: Journalise the April transactions using a perpetual inventory system and gross method. (28 marks)