Please help. Assignment is due Tuesday October 18 midnight mountain time. Please see attached document for full setup.

Yolanda Hagen, a former disc golf star, operates Yolanda?s Discorama. At the beginning of the current season on April 1, the ledger of Yolanda?s Discorama showed Cash $1,800, Inventory $2,400, and Owner?s Capital $4,200. The following transactions were completed during April.

Apr. 5	Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,200, FOB shipping point, terms2/10, n/60.
7	Paid freight on the Mumford purchase $60.
9	Received credit from Mumford Co. for merchandise returned $100.
10	Sold merchandise on account for $880, terms n/30. The merchandise sold had a cost of $528.
12	Purchased disc golf shirts and other accessories on account from Saucer Sportswear $675, terms 1/10, n/30.
14	Paid Mumford Co. in full, less discount.
17	Received credit from Saucer Sportswear for merchandise returned $75.
20	Made sales on account for $680, terms n/30. The cost of the merchandise sold was $400.
21	Paid Saucer Sportswear in full, less discount.
27	Granted an allowance to customers for clothing that was flawed $20.
30	Received payments on account from customers $840.

Journalize the April transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit

(To record credit sale.)

(To record cost of merchandise sold.)

(To record credit sale.)

(To record cost of merchandise sold.)

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Enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries presented in the previous part.)

Cash	No. 101
Date	Explanation	Ref.	Debit	Credit	Balance

Balance	?

J1

J1

J1

J1
Accounts Receivable	No. 112
Date	Explanation	Ref.	Debit	Credit	Balance

J1

J1

J1

J1
Inventory	No. 120
Date	Explanation	Ref.	Debit	Credit	Balance

Balance	?

J1

J1

J1

J1

J1

J1

J1

J1

J1
Accounts Payable	No. 201
Date	Explanation	Ref.	Debit	Credit	Balance

J1

J1

J1

J1

J1

J1
Owner?s Capital	No. 301
Date	Explanation	Ref.	Debit	Credit	Balance

Balance	?
Sales Revenue	No. 401
Date	Explanation	Ref.	Debit	Credit	Balance

J1

J1
Sales Returns and Allowances	No. 412
Date	Explanation	Ref.	Debit	Credit	Balance

J1
Cost of Goods Sold	No. 505
Date	Explanation	Ref.	Debit	Credit	Balance

J1

J1

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Prepare a trial balance on April 30, 2017. YOLANDA?S DISCORAMA Trial Balance

Debit	Credit
	$	$
$	$

Yolanda Hagen, a former disc golf star, operates Yolanda's Discorama. At the beginning of the current season on April 1, the ledger of Yolanda's Discorama showed Cash $1,800, Inventory $2,400, and Owner's Capital $4,200. The following transactions were completed during April. Apr. 5 7 9 10 12 14 17 20 21 27 30 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,200, FOB shipping point, terms 2/10, n/60. Paid freight on the Mumford purchase $60. Received credit from Mumford Co. for merchandise returned $100. Sold merchandise on account for $880, terms n/30. The merchandise sold had a cost of $528. Purchased disc golf shirts and other accessories on account from Saucer Sportswear $675, terms 1/10, n/30. Paid Mumford Co. in full, less discount. Received credit from Saucer Sportswear for merchandise returned $75. Made sales on account for $680, terms n/30. The cost of the merchandise sold was $400. Paid Saucer Sportswear in full, less discount. Granted an allowance to customers for clothing that was flawed $20. Received payments on account from customers $840. Journalize the April transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record credit sale.) (To record cost of merchandise sold.) (To record credit sale.) (To record cost of merchandise sold.) Enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries presented in the previous part.) Cash Date Ex pl an ati on R e f . Debit No. 101 Credit Balance Bal an ce J 1 J 1 J 1 J 1 Accounts Receivable Date Ex pl an ati on R e f . J 1 J 1 J 1 J Debit No. 112 Credit Balance 1 Inventory Date Ex pl an ati on R e f . Bal an ce J 1 J 1 J 1 J 1 J 1 J 1 J 1 J 1 J 1 Debit No. 120 Credit Balance Accounts Payable Date Ex pl an ati on R e f . Debit No. 201 Credit Balance J 1 J 1 J 1 J 1 J 1 J 1 Owner's Capital Date Ex pl an ati on R e f . Debit No. 301 Credit Balance Bal an ce Sales Revenue Date Ex pl an ati on R e f . Debit No. 401 Credit Balance J 1 J 1 Sales Returns and Allowances Date Ex pl an ati on R e f . Debit No. 412 Credit Balance J 1 Cost of Goods Sold Date Ex pl an ati on R e f . Debit No. 505 Credit Balance J 1 J 1 Prepare a trial balance on April 30, 2017. YOLANDA'S DISCORAMA Trial Balance Debit Credit $ $ $ $