At the beginning of the current season on December 1, the ledger of Oosthuizen Pro Shop, NV showed Cash 3,000; Inventory 4,000; and Share CapitalOrdinary 7,000.

The following transactions occurred during December 2019.

December

5 Purchased golf bags, clubs, and balls on account from Balata Co. 1,800, FOB shipping point, terms 2/10, n/60.

9 Received credit from Balata Co. for merchandise returned 250.

10 Sold merchandise on account to members 2200, terms n/30.

12 Purchased golf shoes, sweaters, and other accessories on account from Arrow Sportswear 850, terms 2/10, n/30.

14 Paid Balata Co. in full.

17 Received credit from Arrow Sportswear for merchandise returned 250.

20 Made sales on account to members 900, terms n/30.

21 Paid Arrow Sportswear in full.

27 Granted credit to members for clothing that had flaws 255.

30 Received payments on account from members 1500.

The chart of accounts for the Oosthuizen pro shop includes Cash, Accounts Receivable, Inventory, Accounts Payable, Share CapitalOrdinary, Sales Revenue, Sales Returns and Allowances, Purchases, Purchase Returns and Allowances, Purchase Discounts, and Freight-In.

Instructions

Journalize the April transactions using a periodic inventory system.