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. $1,530, terms 4/10, n/60. 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 Woods Sportswear $ 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