At the beginning of the current golf season, on April 1, 2018, the general ledger of In the Bridgeport Golf Shop showed Cash $4,300; Inventory $21,300; Common Shares $12,800; and Retained Earnings $12.800. In the Bridgeport Golf Shop uses a perpetual inventory system. 5 7 9 11 14 The following transactions occurred in April: Apr. 3 Purchased golf bags, clubs, and balls on account from Balata Corp. for $3,300, terms 1/10,n/30, FOB shipping point Freight of $271 was paid by the appropriate party on the April 3 purchase from Balata. Sold merchandise on account to members for $9,580, terms n/30. The cost of the merchandise sold was $5,760. Received a $310 purchase allowance from Balata for returned merchandise. Paid Balata in full. Received payments on account from members, $4.410. Purchased golf shoes, sweaters, and other accessories on account from Arrow Sportswear Limited for $1,300, terms 2/10, 1/30 Received a $100 credit from Arrow Sportswear for returned merchandise. Sold merchandise on account to members for $10,800, terms n/30. The cost of the merchandise sold was $6,200. Paid Arrow Sportswear in full. Received payments on account from members, $4,030. Granted a $80 sales allowance to a member for a flaw in the clothing they had purchased. No merchandise was returned. 16 17 20 24 25 27 Record the April transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to the nearest whole dollar, eg. 5,275.) Debit Credit Date Account Titles and Explanation Apr. 3 5 7 (Sale of merchandise) (Cost of goods sold recorded) 9 11 14 16 17 20 (Sale of merchandise) 20 (Cost of goods sold recorded) 24 25 27