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At the beginning of the current golf season, on April 1, 2021, the general ledger of the in the Bramble Golf Shop Limited showed Ca:

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At the beginning of the current golf season, on April 1, 2021, the general ledger of the in the Bramble Golf Shop Limited showed Ca: $3,520; Inventory $16,380; Common 5 hares $10,080; and Retained Earnings $9,820. The in the Bramble Golf Shop uses a perpetu: inventory system and experiences a retum rate of 2% on sales. The following transactions occurred in April: Apr. 3 Purchased goif bags, clubs, and balls on account from Balata Corp. for $2.688, terms 1/10,n/30. FOB shipping point 5 Freight of $241 was paid by the appropriate party on the April 3 purchase from Balata. 7 Sold merchandise on account to members for $8.200, terms n/30. The cost of the merchundise sold was 54.900. 9 Received a $268 credit froen Balsa for returned merchundise. 11 Paid Balata in fult. 14 Received payments on account trom members, 39,486 . 16. Purchased golf shoes, westers, and other accessories on account trom Arrow Sportswear timited for $1,060. terms 2/10, n/30. 17 Recelied a setcredit from Arrow Sportswear toe returned merchandise. 20 Sold merchandise on account to members for 59,300 , terms n/30 the cost of the merchandise sold wan $5,200 24. Paid Arrow Sportswear in full. 25. Heceived purments on atcount from members, 53.676. Record the April transactions. (List all debit entries before credit entries. Credit account tittes are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select " No Entry" for the account titles and enter ofor the amounts. Round answers to 0 decimal places, e. . 5.125.) Apr. 7 Cost of Goods Sold Inventory (Cost of goods sold recorded) Apr. 9 Accounts Payable Inventory 268 Apr. 11 Accounts Payable 2,420 Cash Inventory Ape. 14 3,486 Accounts Receivable Apr. 16 Inventory Accounts Payable Apr. 17 Accounts Payable Inventory Apr. 20 Accounts Receivable Saies 9,300 (Sale of merchandise) Cost of Goods Sold Itiventory (Cost of goods sold recorded) Cost of Goods Sold Inventory (Cost of goods sold recorded) Apr, 24 Accounts Payable Inventory Casth 19.52 956.48 3,676 Accounts Receivable

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