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Problem 5-04A - (Part Level Submission) Indigo Hagen, a former disc golf star, operates indigo's Discorams. At the beginning of the current season on April

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Problem 5-04A - (Part Level Submission) Indigo Hagen, a former disc golf star, operates indigo's Discorams. At the beginning of the current season on April 1, the ledger of Indigo's Discorama showed Cash $1,900, Inventory $2,500, and Owner's Capital $4,400. 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, terms 2/10, 1/60 7 Paid freight on the Mumford purchase 540 9 Received credit from Mumford Co. for merchandise returned 5100, 10 Sold merchandise on account for $810, terms n/30. The merchandise sold had a cost of $456 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear 5665, terms 1/10, 1/30 14 Paid Mumford Co. in full, les discount 17 Received credit from Saucer Sportswear for merchandise returned $65. 20 Made sales on account for 560, terms/30. The cost of the merchandise sold was $350, 21 Paid Saucer Sportswear in full, les discount 27. Granted an allowance to customers for clothing that was awed 530 30 Received payments on account from customers $900. The chart of accounts for the store includes the following No. 101 Cash, No. 152 Accounts Receivable, No 120 Inventory, No: 201 Accounts Payable, No. 101 Onnar's Capital No. 401 Sales Revenue, No. 412 Sales Returns and Allowances, and No. 505 Cost of Goods Sold (a) Journalize the Apel 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.) Account Titles and Explanation Debit Credit Date (To record credit sale) (Te record cost of merchandise sold) (To record cost of merchandise sold.) > (To record credit sale.) (To record cost of merchandise sold.) (To record credit sale.) (To record cost of merchandise sold.) >

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