Adam Nichols, a former disc golf star, operates Adams Discorama. At the beginning of the current season on April 1, the ledger of Adams Discorama showed Cash $1,900, Inventory $2,600, and Common Stock $4,500. The following transactions were completed during April.

Apr. 5		Purchased golf discs, bags, and other inventory on account from Rayford Co. $1,100, FOB shipping point, terms 2/10, n/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 $950, terms n/30. The merchandise sold had a cost of $570.
12		Purchased disc golf shirts and other accessories on account from Galaxy Sportswear $630, terms 1/10, n/30.
14		Paid Rayford Co. in full, less discount.
17		Received credit from Galaxy Sportswear for merchandise returned $70.
20		Made sales on account for $590, terms n/30. The cost of the merchandise sold was $400.
21		Paid Galaxy Sportswear in full, less discount.
27		Granted an allowance to customers for clothing that was flawed $40.
30		Received payments on account from customers $900.

The chart of accounts for the store includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 201 Accounts Payable, No. 311 Common Stock, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, and No. 505 Cost of Goods Sold.

1.Journalize the April transactions using a perpetual inventory system. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

2. Enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries presented in the previous question. Round answers to 0 decimal places, e.g. 125. If the ending balance is 0 select Bal for the date and enter 0 for the normal balance for that account.)

3. Prepare a trial balance on April 30, 2015. (Round answers to 0 decimal places, e.g. 125.)