At the beginning of the current season on April 1, the records of Swifty Pro Shop showed Cash $3,100, Inventory $3,500, and Common Stock $6,600. The following transactions occurred during April 2017 Apr. 5 9 10 12 14 17 20 21 30 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,600. Received credit from Arnie Co. for merchandise returned $700. Sold merchandise on account to members $1.470. The merchandise sold had a cost of $840. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $950. Paid Arnie Co. in full Received credit from Woods Sportswear for merchandise returned $50, Made sales on account to members $820. The cost of merchandise sold was $550. Paid Woods Sportswear in full. Received payments on account from members $1.180. (a) Prepare a tabular summary that includes the following accounts: Cash Accounts Receivable, Inventory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, and Cost of Goods Sold. Enter the beginning balances in the summary Assets Cash Accts. Rec Inv. Bal $ Apr 1 $ S