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At the beginning of the current season on April 1, the ledger of Cullumber Pro Shop showed Cash $2,850, Inventory $3,500, and Common Stock $6,350.

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At the beginning of the current season on April 1, the ledger of Cullumber Pro Shop showed Cash $2,850, Inventory $3,500, and Common Stock $6,350. The following transactions were completed during April 2025. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,400, terms 3/10,n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $800. 10 Sold merchandise on account to members $1.210, terms n/30. The merchandise sold had a cost of $910. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $760, terms 2/10,/30. 14 Paid Arnie Co in full. 17 Received credit from Woods $ portswear for merchandise returned $60. 20 Made sales on account to members $830, 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 $80. 30. Received payments on account from members $1,450. Using T-accounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journel entries presented in the previous part. For accounts that have a rero balance, select " 1/30 Rat," from drop down and enter 0 for the amounts on the normal balance side) Common Stock Sales Revenue Sales Returns and Allowances Journalize the April transactions using a perpetual imventory system. (II no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account tiltes are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Apr. 14 : Accounts Paysble 1600 Inventory Cash Apr, 17: Accounts Parable 60 Invertory Apr: 20 Accountsintecrivable Sales Reverive (To record credit sale) Apr, 20 : Coitoficopsisod invertar (To record cost of goods sold) Aor:21: Aor 27 : cas Apr 30

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