At the beginning of the current season on April 1, the ledger of Flint Hills Pro Shop showed Cash $2,720; Inventory $3,500; and Common Stock $6,220. The following transactions were completed during April 2014.

Apr. 5		Purchased golf bags, clubs, and balls on account from Akers Co. $2,500, terms 3/10, n/60.
7		Paid freight on Akers purchase $80.
9		Received credit from Akers Co. for merchandise returned $700.
10		Sold merchandise on account to members $1,340, terms n/30. The merchandise sold had a cost of $730.
12		Purchased golf shoes, sweaters, and other accessories on account from Palmer Sportswear $890, terms 2/10, n/30.
14		Paid Akers Co. in full.
17		Received credit from Palmer Sportswear for merchandise returned $90.
20		Made sales on account to members $830, terms n/30. The cost of the merchandise sold was $550.
21		Paid Palmer Sportswear in full.
27		Granted an allowance to members for clothing that did not fit properly $70.
30		Received payments on account from members $1,100.

At the beginning of the current season on April 1, the ledger of Flint Hills Pro Shop showed Cash $2,720; Inventory $3,500; and Common Stock $6,220. The following transactions were completed during April 2014.Apr. 5 Purchased golf bags, clubs, and balls on account from Akers Co. $2,500, terms 3/10, n/60. 7 Paid freight on Akers purchase $80. 9 Received credit from Akers Co. for merchandise returned $700. 10 Sold merchandise on account to members $1,340, terms n/30. The merchandise sold had a cost of $730. 12 Purchased golf shoes, sweaters, and other accessories on account from Palmer Sportswear $890, terms 2/10, n/30. 14 Paid Akers Co. in full. 17 Received credit from Palmer Sportswear for merchandise returned $90. 20 Made sales on account to members $830, terms n/30. The cost of the merchandise sold was $550. 21 Paid Palmer Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $70. 30 Received payments on account from members $1,100