Juliet Burke, a former professional tennis star, operates Juliet's Tennis Shop at the

Mitchell Lake Resort. At the beginning of the current season, the ledger of Juliet's Tennis Shop

showed Cash $2,500, Inventory $1,700, and Owner's Capital $4,200. The following transactions

were completed during April.

Apr. 4 Purchased racquets and balls from Miles Co. $840, FOB shipping point, terms 2/10,

n/30.

6 Paid freight on purchase from Miles Co. $40.

8 Sold merchandise to members $1,150, terms n/30. The merchandise sold had a cost of

$790.00

10 Received credit of $40 from Miles Co. for a racquet that was returned.

11 Purchased tennis shoes from Leung Sports for cash, $420.

13 Paid Miles Co. in full.

14 Purchased tennis shirts and shorts from Cyrena's Sportswear $900, FOB shipping

point, terms 3/10, n/60.

15 Received cash refund of $50 from Leung Sports for damaged merchandise that was

returned.

17 Paid freight on Cyrena's Sportswear purchase $30.

18 Sold merchandise to members $900, terms n/30. The cost of the merchandise sold was

$540.00

The chart of accounts for the tennis shop 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.

Question:

(a) Journalize the April transactions using a perpetual inventory system.