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At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $3,060; Inventory $4,060; and Common Stock $7.120.

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At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $3,060; Inventory $4,060; and Common Stock $7.120. The following transactions occurred during April 2022. Apr. 9 10 579 248 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,680, terms 4/10, 1/60 Paid freight on Arnie Co. purchases $90. Received credit from Arnie Co. for merchandise returned $380. Sold merchandise on account to members $1,501, terms 1/30. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $930, terms 2/10,n/30. Paid Arnle Co. in full. Received credit from Woods Sportswear for merchandise returned $130. Made sales on account to members $907. terms n/30. Paid Woods Sportswear in full. Granted credit to members for clothing that did not fit properly $90. Received payments on account from members $1,366. Journalize the April transactions using a periodic 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. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit > Using Taccounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of Journal entries posted in parta. Round answers to decimal places, es 5,275. For accounts that have a zero balance select "4/30 Bal." from the list and enter for the amount.) Cash Accounts Receivable Inventory Accounts Payable C C C > Common Stock Sales Revenue Sales Returns and Allowances Common Stock V Sales Revenue v v > Sales Returns and Allowances > C Purchases Purchase Returns and Allowances Purchase Discounts V Freight. In e Textbook and Media List of Accounts Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) CRANE PRO SHOP Trial Balance Debit Credit $ e Textbook and Media List of Accounts Prepare an income statement through gross pront, assuming inventory on hand at April 30 is $4.775. CRANE PRO SHOP Income Statement (Partial) > $ $ e Textbook and Media List of Accounts

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