Problem 5-04A - Founder Hagen, a former disc golf star, operates Flounder's Discorama. At the beginning of the current season on April 1, the ledger of Hounder's Diorama showed Cash $1,800, Inventory $2,500, and Owner's Capital $4,300. The following transactions were completed during April Apr. 5 Purchased golf dlacs, bags, and other inventory on account from Mumford Co. $1,000, FOB shipping point, terms 2/10, 160. 7 Paid freight on the Mumford purchase 540 9 Received credit from Mumford Co. for merchandise returned $100 10 Sold merchandise on account for $980, terms 1/30. The merchandise sold had a cost of $588 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $670, terms 1/10,30 14 Paid Mumford Co. in full, les discount 17 Received credit from Saucer Sportswear for merchandise returned $70 20 Made sales on account for $700, terma 1/30. The cost of the merchandise sold was $300. 21 Pald Saucer Sportswear in te discount 27 Granted an allowance to customers for clothing that was fewed $40. 30 Received payments on account from customers $980. The chart of accounts 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 SOS Cost of Goods Sold Joumalize the Apri transactions using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. second journal entries in the order presented in the problem.)