Problem 5-03A At the beginning of the current season on April 1, the ledger of Sheridan Pro Shop showed Cash $3,410; Inventory $3,500; and Common Stock $6,910. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Amie Co. $1,600, terms 4/10, n/60. 7 Paid freight on Amie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $500. 10 Sold merchandise on account to members $1,320, terms n/30. The merchandise sold had a cost of $730. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $860, terms 2/10, n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $60. 20 Made sales on account to members $950, terms n/30. The cost of the merchandise sold was $550. 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $90. 30 Received payments on account from members $1,240. Journalize the April transactions using a perpetual inventory system. (If 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 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 goods sold) (To record credit sale) (To record cost of goods sold) Lining T-accounts, enter the beginning balance in the edger counts and post the printre (Post antries in the order of journal entries posted ko parta. For accounts that have a balance elect4/30 al from the list and atter for themen > > >> Accounts Receivable > > > Tv >>>>>>> > > > > > > > Account Payable > > Common Stock >> Sale Raven > >> >> Sala Ratum and Allowances Cost of Good Sold > >> Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) SHERIDAN PRO SHOP Trial Balance Debit Credit SHOW LIST OF ACCOUNTS Prepare an income statement through gross profit for the month of April 2022 SHERIDAN PRO SHOP Income Statement (Partial) Click if you would like to Show Work for this question: Open Show Work