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At the beginning of the current season on April 1, the ledger of Blossom Pro Shop showed Cash $2,810; Inventory $3,500; and Common Stock $6,310.

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At the beginning of the current season on April 1, the ledger of Blossom Pro Shop showed Cash $2,810; Inventory $3,500; and Common Stock $6,310. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,300, terms 4/10,1/60. 7 Paid freight on Arnie purchase $80. Received credit from Arnie Co. for merchandise returned $500. Sold merchandise on account to members $1,490, terms /30. The merchandise sold had a cost of $780. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,060, terms 1/10, r/30. Paid Arnie Co. in full Received credit from Woods Sportswear for merchandise returned $60. Made sales on account to members $970, terms /30. The cost of the merchandise sold was $550. Paid Woods Sportswear in full. Granted an allowance to members for clothing that did not fit properly $80. Received payments on account from members $1.240. 9 10 12 14 17 20 21 30 (a) Your answer has been saved. See score details after the due date. Journalize the April transactions using a perpetual 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.) Date Account Titles and Explanation Credit Apr.5 Inventory Debit 2.300 Accounts Payable 2300 Apr. 7 Inventory 80 Cash Apr Accounts Payable 500 Using T-accounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of Joumal entries posted in part a. For accounts that have a zero balance select "4/30 Bal from the list and enter for the amount) Cash Accounts Receivable Inventory 4 . + + Accounts Payable + 2 . Common Stock Sales Revenue Sales Returns and Allowances Cost of Goods Sold

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