Smallville Company was organized on January 1, 2020. It is authorized to issue 107000 shares of $110 par value common stock. At the beginning of April, the ledger of Smallville Company carried the following balances to their respective accounts. Cash-$57000, Merchandise Inventory- $75500, Prepaid Insurance-$5000, 10% Notes Payable-$25700, Equipment-$137000, Accumulated Depreciation: Equipment-$3600, Common Stock-$120000, Paid in capital in excess of par value: Common Stock-$23000, and Retained Earnings-$102200. The following transactions took place in Smallville Company during April of the current year (2020). April 1 - Issued 2500 new shares of common stock for $332000 April 3 - Purchased merchandise of $8000 on account from Prescott Co., terms FOB destination, 2/10, n/30. The appropriate party paid the freight charge of $290. April 4 - Sold merchandise for cash, $89600. The cost of the merchandise sold was $48000. April 5 - Purchased merchandise on account from Stafford Co., $23000, terms FOB shipping point, 2/10, n/30. The appropriate paid the freight charge of $720. April 6 - Returned $570 of merchandise purchased on April 3 from Prescott Co. April 13 - Paid Prescott Co. on account for purchase of April 3. April 15 - Paid Stafford Co. on account for purchase of April 5. April 17 - Purchased merchandise for cash $1400. April 20 - Received refund for poor quality merchandise from supplier on cash purchase $170

Question: Post the April journal entries to the ledger. (Remember, the ledger accounts should start with the beginning balances (if any)