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At the beginning of the current season on April 1, the ledger of Tamarisk, Inc. showed Cash $2,200, Inventory $3,600, and Common Stock $5,800. These transactions occurred during April 2022. Apr. 5 7 9 10 12 14 17 20 21 27 30 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,600, terms 3/10, n/60. Paid freight on Arnie Co. purchases $8. Received credit from Arnie Co. for merchandise returned $100. Sold merchandise on account to members $1,330, terms n/30. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $720, terms 1/10, n/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $20. Made sales on account to members $850, terms n/30. Paid Woods Sportswear in full. Granted credit to customers for clothing that did not fit properly $90. Received payments on account from members $1,270. The chart of accounts for the pro shop includes Cash, Accounts Receivable, Inventory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, Purchases, Purchase Returns and Allowances, Purchase Discounts, and Freight-In. Journalize the April transactions using a periodic inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Apr. 5 Apr. 7 Apr. 9 Apr. 10 Apr. 12 Account Titles and Explanation Purchases Accounts Payable Freight-In Cash Accounts Payable Purchase Returns and Allowances Accounts Receivable Sales Revenue Purchases Accounts Payable Debit 1600 8 100 1330 720 Credit 1600 8 100 1330 720 Apr. 14 Apr. 17 v Apr. 20 Apr. 21 Apr. 27 Apr. 30 Accounts Payable Cash Purchase Discounts Accounts Payable Purchase Returns and Allowances Accounts Receivable Sales Revenue Accounts Payable Cash Purchase Discounts Sales Returns and Allowances Accounts Receivable Cash Accounts Receivable 1500 20 850 700 90 1270 1455 45 20 850 693 7 90 1270 Apr. 14 Apr. 17 v Apr. 20 Apr. 21 Apr. 27 Apr. 30 Accounts Payable Cash Purchase Discounts Accounts Payable Purchase Returns and Allowances Accounts Receivable Sales Revenue Accounts Payable Cash Purchase Discounts Sales Returns and Allowances Accounts Receivable Cash Accounts Receivable 1500 20 850 700 90 1270 1455 45 20 850 693 7 90 1270 (b) Your answer is partially correct. Using T-accounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries presented in the previous question. For accounts with a zero balance select "04/30 Bal." from the list and enter on the normal balance side for that account and enter "O" or leave blank.) 4/1 Bal. V 4/30 4/10 4/20 2200 1270 1330 Cash 850 4/7 4/14 4/21 Accounts Receivable 4/30 Bal. 4/27 4/30 4/30 Bal. 8 1455 693 1314 90 1270 820 4/1 Bal. 4/9 4/14 4/17 4/21 4/30 Bal. Inventory 3600 Accounts Payable 4/5 100 1500 20 700 4/30 Bal. 5800 4/12 Common Stock 4/10 V 4/30 Bal. 3600 1800 720 O 5800 4/30 Bal. 4/30 Bal. 4/5 4/12 Sales Revenue 2180 120 Sales Returns and Allowances 4/10 1600 4/20 720 4/9 Purchases 4/17 4/9 4/17 4/30 Bal. 1330 850 100 20 100 20 2320 4/27 4/30 Bal. 4/7 Purchase Returns and Allowances 90 Purchase Discounts 52 4/30 Bal. 8 4/14 4/21 Freight-In 4/30 Bal. V 90 45 7 8