3 Problem SA-SA-C (Part Level Submission) Adam Nichols, a former disc golf star, operates Blue Discorama. At the beginning of the current season on April 1, the edge of Blue Discorama showed Cash $1,600, Inventory 12,200, and Owner's Capital 3,800. The following transactions were completed during April for 5 Purchased poil diacs, bags, and other inventory on account from Rayford Co. $1,000, POB shipping point, terms 2/10, 60. 7 Paid freight on the Rayford purchase $50. 9 Received credit from Rayford Co. for merchandise returned $100 10 Sold merchandise on account for $1,000, term 1/30. The merchandise sold had a cost of 480 12 Purchased disc golf shirts and other accessories on account from Galaxy Sportswear $560, terms 1/10, 1/30 14 Paid Rayford Coin Me discount 17 Received credit from Galaxy Sportswear for merchandise returned 20 Made sales on account for $540, terms 30. The cost of the merchandise old was $300 21 Paid Galaxy Sportswes in less discount 27 Granted an owe to customers for doing that was owed 510 30 Received payments ont from customers $1,000 The chart of accounts for the store incudes towing 101. 113 courts, 130 invertory,201 Accounts 301 Owner's Cat, No. 401 Rever, No. 412 Se Returns and lowances, 510, 512 Purchase turns and lowances, No. 514 Purchases, and or Jaunate the fort action seriode vertory. (Credit contenutomatically indented when the amount is entered. Do not intent manually. In antry is required, select "We heel System Announcements Date Account Titles and Explanation Debit Credit Inventory L EXAM o) 7 ab Accounts Payable (Video) -SA 3-c Inventory Cash -04A a-b > Accounts Payable cise 8-09 Problem 1 Inventory on) ercise 9.06 : 212 I core esults by jective