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5 of 6 < > -/2 E At the beginning of the current season on April 1, the ledger of Sunland Pro Shop showed Cash

5 of 6 < > -/2 E At the beginning of the current season on April 1, the ledger of Sunland Pro Shop showed Cash $2,940, Inventory $3,500, and Common Stock $6,440. The following transactions were completed during April 2025. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,000, terms 2/10, n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $600. 10 Sold merchandise on account to members $1,390, terms n/30. The merchandise sold had a cost of $750. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,070, terms 1/10, n/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $70. Made sales on account to members $930, terms n/30. The cost of the merchandise sold was $550. 14 17 20 21 27 Granted an allowance to members for clothing that did not fit properly $75. 30 Received payments on account from members $1,280. Paid Woods Sportswear in full. (a) Journalize the April transactions using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of goods sold) (To record credit sale) (To record credit sale) (To record cost of goods sold) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit

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