At the beginning of the current season on April 1, the ledger of Flounder's Discorama showed Cash $1,800, Inventory $2,400, and Owner's Capital \$4,200. The following transactions were completed during April 2022. Apr. 5 Purchased golf discs, bags, and other inventory on account from Mumford Co0$1,100, FOB shipping point, terms 2/10. n/60. 7 Paid freight on the Mumford purchase $50. 9 Received credit from Mumford Co. for merchandise returned $200. 10 Sold merchandise on account for $860, terms n/30. The merchandise sold had a cost of $516. 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $620, terms 1/10, n/30. 14 Paid Mumford Co. in full, less discount, 17 Received credit from 5aucer Sportswear for merchandise returned $20, 20 Made sales on account for $690, term n/30. The cost of the merchandise 501d was $400. 21 Paid Saucer Sportswear in full, less discount. 27 Granted an allowance to customers for clothing that did not fit $40. 30 Received payments on account from customers $870. The chart of accounts for the store includes the following: No. 101 Cash, No. 112 Accounts Recelvable, No, 120 Inventory, No. 201 Accounts Payable, No. 301 Owner's Capital, No, 401 Sales Revenue, No. 412 Sales Returns and Allowances, and No. 505 Cost of Goods Sold. (a) Journalize the April transactions using a perpetual inventory system. (List all debit entries before credit entries. Credit occount titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account tities and enter O for the amounts.) \& Unit 8 Lab Assignment Question 7 of 7 (Torecord credit sale) (Torecord cost of merchandise sold.) Enter the beginning balances in the ledger accounts and post the April transactions, (Post entries in the order of journal entries presented in the previous part) 31 J1 J1 J1 31 J1 31 J1 Owner's Capital No. 301 Question 7 of 7 eTextbook and Media List of Accounts Savefor Later Attempts: 0 of 5 used SubmitAns Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) Lab Assignment Question 7 of 7 Totals eTextbook and Media