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Apr. 1$ 5 9 10 12 14 17 At the beginning of the current season on April 1, the records of Bramble Pro Shop showed
Apr. 1$ 5 9 10 12 14 17 At the beginning of the current season on April 1, the records of Bramble Pro Shop showed Cash $2,840, Inventory $3,500, and Common Stock $6,340. The following transactions occurred during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Cullumber Co, $1,500. 9 Received credit from Cullumber Co, for merchandise returned $600. 10 Sold merchandise on account to members \$1,470. The merchandise sold had a cost of $740. 12. Purchased golf shoes, sweaters, and other accessories on account from Ivanhoe 5p ortswear $1,050. 14 Paid Cullumber Co. In full. 17 Recelved credit from Ivanhoe Sportswear for merchandise returned $50. 20 Made sales on account to menbers $900. The cost of merchandise sold was $550 21 Paid Ivanhoe Sportswear in full. 30. Received payments on account from members $1,180, Cash Accts. Rec. Inv. Accts. Pay. CommonStock Stockholders'Equity (a) \& (b) Enter the beginning balances in the summary and record the April transactions using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number es. -45 or porentheses eg. (45).) Assets u Cash Apr. 1 5 9 Accts, Rec. $ Liabilities Stockholders' Equity Retained Earnings Accts. Pay. Common Stock Rev. Exp. $ $ 5 14 17 20 2130
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