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b 30 points Save Anne J. Li, a former professional tennis star, operates Li's Tennis Shop at the Yellow River Resort, U's Tennis Shop using

b
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30 points Save Anne J. Li, a former professional tennis star, operates Li's Tennis Shop at the Yellow River Resort, U's Tennis Shop using a perpetual inventory system At the beginning of the current season, the ledger of L/s Tennis Shop showed Cash $2,700, Accounts Receivable $3,600, Merchandise Inventory $1,900, Accounts Payable $4.700 and Share Capital-Ordinary $3,500 The following transactions were completed during April April 4 Purchased racquets and bals from a new supplier, Wellman Co. $2000, FOB shipping point, terma 4/10, 1/30. April 8 Paid freight on purchase from Wollman Co $80 **do not input comma dollar signs for numerical figures, for five thousand dollars, just input 5000, otherwise, no marks will be awarded! Ove dha dollars, just input 5000, otherwise, no maris will be awarded! At the beginning of Apri 7: The balance of the Merchandise Inventory accounts The balance of Cash account is $ The balance of the Accounts Payable accounts April 10 Received credit of $100 from Wellman Co for a racquet that was returned April 14 Paid Weitman Co, in full At the beginning of April 15 The balance of the Merchandise Inventory accounts The balance of Cash account is $ The balance of the Accounts Payable accounts Apni 16 One Forth (25%) of the goods purchased from Wellman Co was sold for $1500 to ABC Lid. ABC Lid paid $1000, the remaining amount is on account At the beginning of April 17 The balance of the Merchandise Inventory accounts The balance of Cash account is 5 The balance of the Accounts Payable accounts The balance of Accounts Receivables

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