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SA-5A a-c (Part Level Submission) Adam Nichols, a former disc golf star, operates Buffalo Discorama. At the beginning of the current season on April 1,

SA-5A a-c (Part Level Submission) Adam Nichols, a former disc golf star, operates Buffalo Discorama. At the beginning of the current season on April 1, the ledger of Buffalo Discor Apr. 5 Purchased golf discs, bags, and other inventory on account from Rayford Co. $1,200, FOB shipping point, terms 2/10, n/60. 7 Paid freight on the Rayford purchase $50. 9 Received credit from Rayford Co. for merchandise returned $100. 10 Sold merchandise on account for $1,000, terms n/30. The merchandise sold had a cost of $520. 12 Purchased disc golf shirts and other accessories on account from Galaxy Sportswear $780, terms 1/10, n/30. 14 Paid Rayford Co. in full, less discount. 17 Received credit from Galaxy Sportswear for merchandise returned $80. 20 Made sales on account for $550, terms n/30. The cost of the merchandise sold was $370. 21 Paid Galaxy Sportswear in full, less discount. 27 Granted an allowance to customers for clothing that was flawed $20. 30 Received payments on account from customers $1,000. Journalize the April transactions using a periodic inventory system. (Credit account titles are automatically indented when the amount is ent amounts.) Date Account Titles and Explanation > Debit Credit > > image text in transcribed

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