At the beginningbf the current season on April 1, the ledger of Flounder's Discorama showed Cash $1,800. Inventory $2,400, and Owner's Capital $4,200. The following transactions were completed during April 2022. Apr. 5 7 9 10 12 Purchased golf discs, bags, and other inventory on account from Mumford Co $1,100, FOB shipping point terms 2/10, n/60. Paid freight on the Mumford purchase $50. Received credit from Mumford Co. for merchandise returned $200. Sold merchandise on account for $860, terms n/30. The merchandise sold had a cost of $516, Purchased disc golf shirts and other accessories on account from Saucer Sportswear $620, terms 1/10,n/30. Paid Mumford Co. in full less discount Received credit from Saucer Sportswear for merchandise returned $20. Made sales on account for $690, terms n/30. The cost of the merchandise sold was $400. Paid Saucer Sportswear in full, less discount Granted an allowance to customers for clothing that did not fit $40. Received payments on account from customers $870. 14 17 20 21 27 30 The chart of accounts for the store includes the following: No. 101 Cash, No 112 Accounts Receivable, No. 120 Inventory, No. 201 Accounts Payable, No. 301 Owner's Capital, No. 401 Sales Revenue No. 412 Sales Returns and Allowances, and No. 505 Cost of Goods Sold Journalize the April transactions using a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit J1 01 J1 Accounts Receivable No. 112 Date Debit Explanation Ref. Credit Balance J1 J1 J1 J1 No. 120 Inventory Credit Balance Debit Date Explanation Ref. Inventory N Date Explanation Ref. Debit Credit Balance Balance J1 > J1 J1 J1 J1 > J1 01 J1 31 Accounts Payable N Date Explanation Ref. Debit Credit Balance J1 J1 > J1