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The Chart of accounts for the storeinctodes the foliowing: No. 101 Cash, No.112 Accounts Receivable, No, 1201 inventory. No, 201 Accounts Payable, No, 301 Owner's

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The Chart of accounts for the storeinctodes the foliowing: No. 101 Cash, No.112 Accounts Receivable, No, 1201 inventory. No, 201 Accounts Payable, No, 301 Owner's Capital, No, 401 Sales Revenue, No, 412 Sales Returns and Allowances, and No, 505 Cost of Goods Sold, (a) Journalize the April transactions using a perpetual imventory system, (List all debit entries before credit entries. Credit account vitles are automatically indented when amount is entered. Do not indent manualix. Record journal entries in the order presented in the probiem. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts] At the beginning of the current season on April 1, the fedger of Sarasotas Discorama showed Cash \$1.900, Inventory \$2 400, and Owner's Capital $4,300. The following transactions were completed during April 2022. Apr. 5 Purchased golf dises, bags, and other imventory on account from Mumford Co, $1,000, FOB shipping point, terms 2/10. n/60. 7 Paid freight on the Mumford purchase $60. 9 Received credit from Mumford Ca, for merchandise returned $200. 10 Sold merchandise on account for $800, terms n/30. The merchandise sold had a cost of $480. 12 Purchased disc golf shirts and other accessories on account from Saucer Sportswear $570, terms 1/10,n/30 14 Paid Mumford Ca in full, less discount. 17 Recelved credit from Saucer 5 portswear for merchandise returned $70. 20. Made sales on account for $620, terms n/30. The cost of the merchandise sold was $350 21 Paid Saucer Sportswear in fulliless discount. 27 Granted an allowance to customers for clothing that did not fit $20. 30. Recelved payments on account from customers $870. The chart of accounts for the store includes the following No. 101 Cash, No. 112 Accounts Receivable, No. 120 inventory, No, 201 Accounts Payable. No. 301 Owner's Capital, No. 401Sales Revenue. No. 412 Sales Returns and Allowances, andNo. 505 Cost of (To record cost of merchandise sold). (To record credit sale). (To record cost of merchandise sold)

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