Kimmel, Financial Accounting, 8e ELEN Gradebook ORION Downloadable eTextbook ent :33 AM / 82 min. At the beginning of the current season on April 1, the ledger of Granite Hills Pro Shop showed Cash $2,840; Inventory $3,500, and Common Stock $6,340. The olowing transactions were completed during April 2017. Apr. S Purchased golf bags, clubs, and balls on account from Arnie Co. $1,500, terms 4/10, n/60 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $600. 10 Sold merchandise on account to members $1,470, terms n/30. The merchandise sold had a cost of $740. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,050, terms 2/10, nv/30. 14 Paid Arnie Co. in full. credit from Woods Sportswear for merchandise returned s50. sales on account to members $900, terms n/30. The cost of the merchandise sold was $s50. 20 Made 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $70. 30 Received payments on account from members $1,180. enter 0 for the amounts using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and entries in the order presented in the Credit account titles are automat indented when amount is entered. Do not indent manually, Record journal 1500 80