if it's not inventory, then what is it?

0.69 Question 5 View Policies Show Attempt History Current Attempt in Progress At the beginning of the current season on April 1, the ledger of Blue Spruce Corp.showed Cash $3.500; Inventory 54,600, and Common Stock $8.100. These transactions occurred during April 2019 Apr.5 Purchased golf bags, clubs, and balls on account from Hogan Co. $1.200,FOB shipping point, terms 2/10,160, 7 Paid freighton Hogan Co purchases $50. 9 Received credit from Hogan Co. for merchandise returned $150 10 Sold merchandise on account to customers $880, terms 30. 12 Purchased golf shoes, sweaters, and other accessories on account from Duffer Sportswear $750, terms 1/10, 1/30 14 Paid Hogan Co. in full 17 Received credit from Duffer Sportswear for merchandise returned $50. 20 Made sales on account to customers $880, terms 1/30. 21 Paid Duffer Sportswear in full 27 Granted credit to customers for clothing that had flaws $35 30 Received payments on account from customers $880. The chart of accounts for the pro shop includes Cash, Accounts Receivable, Irwentory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, Purchases, Purchase Returns and Allowances, Purchase Discounts and Freight-in. MacBook Pro - Your answer is partially correct. Journalize the April transactions using a periodic inventory system. (Credit account titles are automatically indented when amount is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in th Debit Credit Date Apr. 5. Account Titles and Explanation Inventory Accounts Payable Apr.7 Inventory Cash Apr. 10 Accounts Receivable Apr 12 : Inventory I Accounts Payable |Apr. 14 Accounts Payable CASH Inventory Apr. 17 Accounts Payable Inventor Apr. 20 Accounts Receiva MacBook Pro ese Q - WAS Assessment Player Tool ACCOON At The Beginning of The Current Season On April 1-1 Chegg.com Inventory 150 Apr. 10 880 Accounts Receivable Sales Revenue Inventory SBO Apr. 12 : Accounts Payable 750 Apr. 14 1050 Accounts Payable I CASH 1029 Apr. 17 4 Inventory Accounts Payable Inventory Accounts Receivable Sales Revenue Accounts Payable Apr.20 : Apr. 21 ! 700 Inventory Apr.27 Inventory Apr 30 Cash Accounts Regula MacBook Pro 33