75A cream.wneyprus.com.calendar%3Finclude_contexts%3Dcourse 35804%23view_name%3Dmonth26vie... C At the beginning of the current season on April 1, the records of Grouper Pro Shop showed Cash $3,360, Inventory $3.500, and Common Stock $6,860. The following transactions occurred during April 2017 Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co $1.500. 9 Received credit from Arnie Co.for merchandise returned $700. 10 Sold merchandise on account to members $1.420. The merchandise sold had a cost of $770. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,060 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $60. 20 Made sales on account to members $820. The cost of merchandise sold was $550. 21 Paid Woods Sportswear in full. 30 Received payments on account from members $1.370. (a) Your answer is correct. Prepare a tabular summary that includes the following accounts Cash, Accounts Receivable Inventory, Accounts Payable, Common Stock Sales Revenue Sales Returns and Allowances, and cost of Goods Sold. Enter the beginning balances in the summary. Assets Liabilities Cash Acets. Rec. in Accts. Pay Common Stock Apr 15 3 20 $ $ Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Inventory. Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, and Cost of Goods Sold. Enter the beginning balances in the summary Liabilities Stockholders' Equity Retained Earnings + Exp - Inv. Rev. Accts. Pay. ts. Rec Common Stock $ 1 $ 3500 is 6860 $ e Textbook and Media List of Accounts Attempts: 1 of 3 used Your answer is correct. Record the April transactions using a perpetual inventory system. (Enter negative amounts using either a negative sin preceding the number eg.-45 or parentheses es. (450) Assets Liabilities Accts. Rec. Accts. Pay + Common Stock 3500 Apr. 1 $ 1500 . 8 $ 1000 -1370 Record the April transactions using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (454 Liabilities Stockholders' Equity Retained Earnings Exp. Accts. Pay. + Common Stock + Rev. 3500 6860 1500 1500 -700 -700 Sales revenue -770 -770 Cost of goods sold " 1060 1060 -60 -550 Cost of goods sold -550 -1000 e Textbook and Media Prepare an income statement through gross proht for the month of April 2017 GROUPER PRO SHOP Income Statement (Partial)