At the beginning of the current season on April 1, the ledger of Ayayai's Discorama showed Cash $2,000, Inventory $2.500, and Owner's Capital $4.500, The following transactions completed during April 2022. Apr.5 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,000, FOB shipping point, terms 2/10, N/s0. 7 Paid freight on the Mumford purchase $40. 9. Received credit from Mumford Co. for merchandise returned $200. 10 Sold merchandise on account for $880, terms n/30, The merchandise sold had a cost of $528. 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $570, terms 1/10, n/30. 14 Paid Mumford Ca. in full, less discount. 17 Received credit from Saucer 5portswg ar for merchandise returned $70. 20. Made sales on account for $550, terms n/30. The cost of the merchandise sold was $400. 21 Paid Saucer Sportswear in full, less discount. 27. Granted an allowance to customers for clothing that did not fit $40. 30 Received payments on account from customers $890. (To record credit sale.) (To record cost of merchandise sold.)