7A, E4-12A, E4-15A, E4-18A, P4-23A Saved Help Sa 2 rt 2 of 4 Required information [The following information applies to the questions displayed below.) The trial balance for Terry's Auto Shop as of January 1, Year 2, follows: Account Titles Debit Credit Cash $14,810 Inventory 3,020 Common Stock $ 7,350 Retained Earnings 10,480 Total $17,830 517,838 nts 04:11:57 eBook Hint The following events affected the company during the Year 2 accounting period: 1. Purchased merchandise on account that cost $4,280. 2. The goods in Event 1 were purchased FOB shipping point with freight cost of $230 cash. 3. Returned $440 of damaged merchandise for credit on account. 4. Agreed to keep other damaged merchandise for which the company received an $275 allowance. 5. Sold merchandise that cost $2,710 for $13,200 cash. 6. Delivered merchandise to customers in Event 5 under terms FOB destination with freight costs amounting to $125 cash. 7. Paid $2,810 on the merchandise purchased in Event 1. 8. Pald $8,720 cash for operating expenses. Print b. Open general ledger T-accounts with the appropriate beginning balances, and post the journal entries to the T-accounts. Polares A, E4-12A, E4-15A, E4-18A, P4-23A Saved Help 2 b. Open general ledger T-accounts with the appropriate beginning balances, and post the journal entries to the T-accounts. art 2 of 4 Cash Accounts Payable Beg Bal Beg. Bal ints 8 04128 End, Bal End, Bal eBook Merchandise Inventory Common Stock Beg Bal Beg Bal Hint End. Bol End. Bal Retained Earnings Sales Revenue Print Beg Bal Beg Bal References End. Bal End. Bal Tunnen Merchandise Inventory Common Stock Part 2 of 4 Beg. Bal Beg. Bal 10 points 8 04:10:55 End. Bal End, Bal Retained Earnings Sales Revenue Beg. Bal eBook Beg. Bal ber Hint End. Bal End. Bal Cost of Goods Sold Transportation-out Ask Beg. Bal Beg. Bal Print End. Bal End. Bal Operating Expenses References Beg. Bal End. Bal