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help i am study At the beginning of the current season on April 1, the ledger of Culver's Discorama showed Cash $1,800, Inventory $2,200, and
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At the beginning of the current season on April 1, the ledger of Culver's Discorama showed Cash $1,800, Inventory $2,200, and Owner's Capital $4.000 The huling transactions were completed during April 2022 Ape 5 Purchased golf discs, bags, and other invertory on account from Mumford Co $1.150 FOB shipping point, terms 2/10,0 7 Paid treight on the Mumford purchase $50. 4 Received credit from Mumford Co.for merchandise returned $200, 10 Sold merchandise on account for $830, term n/30. The merchandise sole had a cost of $486 12 Purchased disc golf shirts and other accessories on account from Sauser Sportswear $640 terms 1/30 waa 14 Paid Mumford Co. in full less discount 37 Received credit from Saucer Sportswear for merchandise returned $40 20 Made sales on account for $650, terms /30. The cost of the merchandise sold was $350 21 Paid Sauer Sportswear in full discount 27 Granted an alowance to customers for clothing that did not fit $30 30 Rived payments on account from customers $970 The chart of accounts for the store includes the following No. 101 Cash, No. 112 Accounts Receivable, No 120 Inventory Ns 201 Accounts Payable No. 301 Owner's Capital N 401S No 412 Sem and low an No 505 Cost of Goods Sold Date Acne Ts and tisation wardede ? ? ? + Debit Craft Step by Step Solution
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