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assignment 5b q11 Assignment 5-B REQUIRED Question 11 of 11 2/5 View Policies Show Attempt History Current Attempt in Progress At the beginning of the

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Assignment 5-B REQUIRED Question 11 of 11 2/5 View Policies Show Attempt History Current Attempt in Progress At the beginning of the current season on April 1. the ledger of Carla Vista Pro Shop showed Cash $3.360: Inventory $3,500; and Common Stock $6,860. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1.500. terms 3/10,n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $700. 10 Sold merchandise on account to members $1.420. terms n/30. The merchandise sold had a cost of $770. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,060, terms 2/10,n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $60. 20 Made sales on account to members $820, terms n/30. The cost of the merchandise sold was $550. 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $70. 30 Received payments on account from members $1.370. (a) Your answer is correct. Your answer is correct. Journalize the April transactions using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Apr. 5 Inventory 1500 Accounts Payable 150 Apr. 7

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