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Question 14 At the beginning of the current season on April 1, the ledger of Pharoah Pro Shop showed Cash $3,025; Inventory $4,025; and Common
Question 14 At the beginning of the current season on April 1, the ledger of Pharoah Pro Shop showed Cash $3,025; Inventory $4,025; and Common Stock $7,050. The following transactions occurred during April 2022. Apr. 5 7 9 10 12 14 17 20 21 27 30 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,575, terms 4/10, n/60. Paid freight on Arnie Co. purchases $84. Received credit from Arnie Co. for merchandise returned $275. Sold merchandise on account to members $1,407, terms n/30. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $872, terms 2/10, n/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $72. Made sales on account to members $851, terms n/30. Paid Woods Sportswear in full. Granted credit to members for clothing that did not fit properly $84. Received payments on account from members $1,281. your answer is partially correct. Try again. Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) PHAROAH PRO SHOP Trial Balance April 30, 2022 Debit Credit Cash 1,281 Inventory 4025 Accounts Receivable 1,407 X Purchase Discounts 16 Common Stock DODJE doodddddd Sales Revenue 851 Sales Returns and Allowances 84 Purchases 872 > Purchase Returns and Allowances 275 Freight-In 84 Click if you would like to Show Work for this question: Open Show Work
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