At the beginning of the current season on April 1, the ledger of Oriole Pro Shop showed Cash $2,760; Inventory $3,500; and Common Stock $6,260. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,600, terms 4/10, n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $600. 10 Sold merchandise on account to members $1,210, terms n/30. The merchandise sold had a cost of $750. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $960, terms 2/10, n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $60. 20 Made sales on account to members $900, terms n/30. The cost of the merchandise sold was $550. 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $85. 30 Received payments on account from members $1,170. Date Account Titles and Explanation Debit Credit Apr. 5 Inventory 1400 Accounts Payable 140 Apr. 7 V Inventory 80 Cash Apr. 9 Accounts Payable 600 Inventory 6 Apr. 10 Accounts Receivable 1460 Sales Revenue 144 (To record credit sale) Cost of Goods Sold 780 Inventory 7 (To record cost of goods sold) Apr. 12 Inventory 920 Accounts Payable 9: Apr. 14 Accounts Payable 800 Inventory cash 7 Apr. 17 Accounts Payable 120 Apr. 20 Accounts Receivable 960 Sales Revenue 90 (To record credit sale) Cost of Goods Sold 550 Inventory 5 (To record cost of goods sold) Apr. 21 Accounts Payable 800 Inventory Cash 71 Apr. 27 Sales Returns and Allowances 70 Cash 4/30 2660 4/7 80 4/30 1100 4/14 784 4/21 792 4/30 Bal. 2104 Accounts Receivable 4/10 1460 4/27 70 4/20 960 4/30 1100 4/30 Bal. 1250 Inventory 4/30 Bal. 3500 4/9 600 4/5 1400 4/10 780 4/7 80 4/14 16 4/12 920 4/17 120 4/20 550 4/21 8 4/30 Bal. 3826 Accounts Payable 4/9 600 4/5 1400 4/14