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At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $2.910, Inventory $3,500, and Common Stock $6,410.

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At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $2.910, Inventory $3,500, and Common Stock \$6,410. The following transactions were completed during April 2025. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,900, terms 3/10,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 $1,200, terms n/30. The merchandise sold had a cost of $820. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1.070, terms 1/10,n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $70. 20 Made sales on account to members $970, 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 $75. 30 Received payments on account from members $1,150. Journalize the April transactions using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter O 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. List all debit entries before credit entries.) Accounts Recelvable Sales Revenue (To record credit sale) Cost of Goods Sold Imventory (To record cost of goods sold) Inventory 1070 Accounts Payable Apr, 14 Accounts Payable 1400 Inventory Cash Apr. 17 Accounts Payable Apr. 17 Accounts Payable Imventory Accounts Recelvable Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of goods sold) Accounts Payable inventory Cash Apr. 27 Sales Returns and Allowances Apr 21 Accounts Payable Inventory Cach Apr. 27 Sales Returns and Allowances Accounts Receivable Apr. 30 Cash Accounts Receivable

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