Apr. 5 7 At the beginning of the current season on April 1, the ledger of Monty's Discorama showed Cash $2,000, Inventory $2.600, and Owner's Capital $4,600. The following transactions were completed during April 2022 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,100, FOB shipping point, terms 2/10. 160. Paid freight on the Mumford purchase $50. 9 Received credit from Mumford Co. for merchandise returned $200 10 Sold merchandise on account for $810, terms n/30. The merchandise sold had a cost of $486 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $650. terms 1/10, n/30 14 Paid Mumford Co. in full, less discount 17 Received credit from Saucer Sportswear for merchandise returned $50 20 Made sales on account for $700, terms n/30. The cost of the merchandise sold was $300 21 Paid Saucer Sportswear in full, less discount. 27 Granted an allowance to customers for clothing that did not hit $40,