Adam Nichols, a former disc golf star, operates Cullumber Company. At the beginning of the current season on April 1, the ledger of Cullumber Company showed Cash $1,800, Inventory $2,200, and Common Stock $4,000. The following transactions were completed during April.

Apr. 5Purchased golf discs, bags, and other inventory on account from Rayford Co. $1,000, FOB shipping point, terms2/10, n/60.

7Paid freight on the Rayford purchase $40.

9Received credit from Rayford Co. for merchandise returned $100.

10Sold merchandise on account for $800, terms n/30. The merchandise sold had a cost of $480.

12Purchased disc golf shirts and other accessories on account from Galaxy Sportswear $550, terms 1/10, n/30.

14Paid Rayford Co. in full, less discount.

17Received credit from Galaxy Sportswear for merchandise returned $50.

20Made sales on account for $510, terms n/30. The cost of the merchandise sold was $300.

21Paid Galaxy Sportswear in full, less discount.

27Granted an allowance to customers for clothing that was flawed $10.

30Received payments on account from customers $800.

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.

Journalize the April transactions using a perpetual inventory system.

Enter the beginning balances in the ledger accounts and post the April transactions.

Prepare a trial balance on April 30, 2020.