star, operates Yolanda's Discorama. At the begin- April 1, the ledger of Yolanda's Discorama showed Cash P5-4A Yoianda Hagen, a former disc golf ning of the current season on $1,800, inventory $2,500, and Owner's Capital $4.300. The following transactions were completed during April. j. 2 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1,200, FOB shipping point, terms 2/10, n/60. Paid freight Received credit from Mumford Co. for merchandise returned $100 Sold merchandise on account for $900, terms n/30. The merchandise sold had a cost of $540 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $670, terms 1/10, n/30. Paid Mumford Co. in full, less discount Received credit from Saucer Sportswear for merchandise returned $70. 20 Apr 5 on the Mumford purchase $50. 7 10 12 14 17 Made sales on account for $610, terms n/30. The costof the merchandise soid was $370. 21 Paid Saucer Sportswear in full, less discount Granted an aliowance to customers for clothing that was fiawed $20 30 27 Received pavments on accoun! from customers $900. The chart of accounts for the store inciudes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 1 20 Inventory, No. 201 Accounts Pavable, No. 301 Owner's Capital. No. 401 Sales Revenue, No. 412 Sales Returns and Aliowances, and No. 505 Cost of Goods Solc instructions perpetual inventory sysiem. (a) Journalize the April transactions using (b) Enter the beginning balances in the ledger accounts and post the April transactions (Use J1 for the journal reference.) (c) Prepare a trial balance on a April 30, 2017