Need help filling in the missing blanks. Got confused on some questions.
Problem 5-D\" a-c (Part Level Submission) Blue Hagen, a former disc golf star, operates Blue's Discorama. At the beginning of the current season on April 1, the ledger of Blue's Discorama showed Cash $1,800, Inventory $2,200, and Owner's Capital $4,000. The following transactions were completed during April. Apr. 5 Purchased golf discs, bags, and other Inventory on account from Mumford Co. $1,150, FOB shipping point, terms 2/10, n/60. 7 Paid freight on the Mumford purchase $50. 9 Received credit from Mumford Co. for merchandise returned $200. 10 Sold merchandise on account for $860, terrns n/30. The merchandise sold had a cost of $516. 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $660, terms 1/10, n/30. 14 Paid Mumford Co. in full, less discount. 17 Received credit from Saucer Sportswear for merchandise returned $60, 20 Made sales on account for $590, terms n/30. The cost of the merchandise sold was $350. 21 Paid Saucer Sportswear in full, less discount. 27 Granted an allowance to customers for clothing that was flawed s30. 30 Received payments on account from customers $870. The chart of accouns for the store 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. v (a) / Your answer is partially correct. Try again. Joumallze the April transactions using a perpetual inventory system. (credit account tltles are automatlcally Indented when amount Is entered. Do not lndent manually. Record journal entrles In the order presented In the problem.) Dale Account 11\": and Ekplandlhn Debit Ap 5 Inventory [2 Accounts Payable Inventory Cash Accounts Payable Inventory Accounts Receivable 35 a I!!! ,_. u 0 Sales Revenue m ai o |\\| | |K| |K|'| K K K x K K K ,.. m o \" Ul'll! U! U U MUEIUEUEI" II" (To record credit sale.) Cost of Goods Sold Inventory | (To record cost of merchandise sold.) Apr. 12 V Inventory Accounts Payable K K K K K K a a 2; a 3 a la \\l Accounts Payable Inventory Accounts Payable Inventory K K g > 1: r! N h-l o \\l d l |' |- || Accounts Receivable Sales Revenue (To record credit sale.) K Cost of Goods Sold ~ 9 i II E m w o m \\D o Inventory (To record cost of merchandise sold.) X Apr. 20 Accounts Receivable Sales Revenue (To record credit sale.) V X Apr. 20 Cost of Goods Sold 690 X Inventory 690 (To record cost of merchandise sold.) V V Apr. 21 Accounts Payable X Inventory X Cash V Apr. 27 Sales Returns and Allowances 30 V Accounts Receivable 30 V V Apr. 30 Cash 870 V Accounts Receivable 870