Oriole Distributors completed the following merchandising transactions in the month of April. At the beginning of April, the ledger of Oriole showed Cash of 10,500 and Share Capital-Ordinary of 10,500. Apr. 2 Purchased merchandise on account from Walker Supply 5,500, terms 1/10,n/30. 4 Sold merchandise on account 6,600, FOB destination, terms 1/10, n/30. The cost of the merchandise sold was 2,600. 5 Paid 350 freight on April 4 sale. 6 Received credit from Walker Supply for merchandise returned 600. Paid Walker Supply in full, less discount. 11 13 Received collections in full, less discounts, from customers billed on April 4. Purchased merchandise for cash 3,500. 14 16 18 Received refund from supplier for returned goods on cash purchase of April 14, 380. Purchased merchandise from Benjamin Glassware 5,400, FOB shipping point, terms 2/10, n/30. Paid freight on April 18 purchase 190. 20 23 Sold merchandise for cash 6,600. The merchandise sold had a cost of 2,800. 26 Purchased merchandise for cash 3,000. 27 Paid Benjamin Glassware in full, less discount. Made refunds to cash customers for defective merchandise 110. The returned merchandise had a fair value of 30. 29 30 Sold merchandise on account 5,000, terms n/30. The cost of the merchandise sold was 1,600. Oriole chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Inventory, No. 201 Accounts Payable, No. 311 Share Capital - Ordinary, No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, No. 505 Cost of Goods Sold, and No. 644 Freight-Out. Cash Date Explanation Ref. Debit Credit Balance Balance J1 J1 J1 J1 J1 J1 J1 J1 J1 J1 Accounts Receivable Date Explanation Ref. Debit Credit Balance J1 J1 J1 Inventory Date Explanation Ref. Debit Credit Balance 31 J1 01 J1 J1 J1 J1 J1 J1 J1 J1 01 J1 Freight-Out Date Explanation Ref. Debit Credit Balance J1 Accounts Payable Date Explanation Ref. Debit Credit Balance J1 01 J1 J1 J1 Share Capital-Ordinary Date Explanation Ref. Debit Credit Balance Balance Sales Revenue Date Explanation Ref. Debit Credit Balance J1 J1 J1 Sales Returns and Allowances Date Explanation Ref. Debit Credit Balance J1 Sales Discounts Date Explanation Ref. Debit Credit Balance J1 Cost of Goods Sold Date Explanation Ref. Debit Credit Balance J1 J1 J1 J1 Tortbooleand Madis