Prepare an income statement through gross profit for the month of April 2017

At the beginning of the current season on April 1, the ledger of Granite Hil following transactions were completed during April 2017. ls Pro Shop showed Cash $ 3,360: nventory $ 3,500: and Common Stock $ 6,860. The Apr. 5 Purchased golf bags, clubs, and balis on account from Arnie Co. $ 1,500, terms 3/10, nv60 7 Paid freight on Arnie purchase $ 80. 9 Received credit from Arnie Co. for merchandise returned $ 700 10 Sold merchandise on account to members $ 1,420, terms n/30. The merchandise sold had a cost of $ 770 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $ 1,060, terms 2/10, n30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $ 60. 20 Made sales on account to members $ 820, terms n/30. The cost of the merchandise sold was $ 550 21 Paid Woods Sportswear in ful. 27 Granted an allowance to members for clothing that did not fit properly $ 70. 30 Received payments on account from members $ 1,370 Journalize the April transactions using a perpetual inventory system. (f no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount in the problem. Round answers to 0 decimal places, o.g.5,275 is entered. Do not indent manually. Record journal entries in the order presented Date Account Titles and Explanation Debit Credit