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At the beginning of the current season on April 1, the ledger of Granite Hills Pro Shop showed Cash$ 3,010; Inventory $ 4,010; and Common
At the beginning of the current season on April 1, the ledger of Granite Hills Pro Shop showed Cash$ 3,010; Inventory $ 4,010; and Common Stock $ 7.020. The following transactions occurred during April 2017 Apr. Purchased golf bags, clubs, and balls on account from Arnie Co. $ 1530, terms 4/10, n/60 7 Paid freight on Arnie Co. purchases $ 82 9 Received credit from Arnie Co. for merchandise returned $ 230. 10 Sold merchandise on account to members $ 1,367, terms n/30. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $ 14 17 20 21 847, terms 2/10, n/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $ 47 Made sales on account to members $ 826, terms n/30. Paid Woods Sportswear in full 7 9 10 12 Paid freight on Arnie Co.purchases $ 82. Received credit from Arnie Co.for merchandise returned $ 230. Sold merchandise on account to members $1,367, terms n/30. Purchased golf shoes, sweaters, and other accessories on account from Woo 847, terms 2/10, n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $47 20 Made sales on account to members $826, terms n/30 21 Paid Woods Sportswear in full. 27 Granted credit to members for clothing that did not fit properly $ 82 30 Received payments on account from members $ 1,244. a trial balance on April 30, 2017.(Do not list those accounts that have zero ending balance.) GRANITE HILLS PRO SHOP Trial Balance Debit Credit
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