At the beginning of the current season on April 1, the ledger of Pharoah Pro Shop showed Cash $2,990, Inventory $3,500, and Common Stock $3,490. The following transactions were completed during April 2025. Apr. 5 7 9 10 12 14 17 20 21 27 30 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,100, terms 2/10, n/60. Paid freight on Arnie purchase $80. Received credit from Arnie Co. for merchandise returned $500. Sold merchandise on account to members $1,380, terms n/30. The merchandise sold had a cost of $890. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,050, terms 2/10, n/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $50. Made sales on account to members $860, terms n/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 $90. Received payments on account from members $1,290.

Using T-accounts, 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. For accounts that have a zero balance, select " 4/30 Bal." from drop down and enter 0 for the amounts on the normal balance side.) Accounts Payable Sales Revenue At the beginning of the current season on April 1, the ledger of Pharoah Pro Shop showed Cash $2,990, Inventory $3,500, and Common Stock $3,490. The following transactions were completed during April 2025. Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,100, terms 2/10,n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $500. 10 Sold merchandise on account to members $1,380, terms n/30. The merchandise sold had a cost of $890. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,050, terms 2/10,n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned \$50. 20 Made sales on account to members $860, 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 $90. 30 Received payments on account from members $1,290. Sales Revenue Sales Returns and Allowances Cost of Goods Sold