using t- accounts enter the balences in the ledger accounts and post the april transactios

CALCULATOR PRINTER VERSION BACK NEXT Problem 5-03A At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $3,280, Inventory $3,500; and Common Stock $6,780. The following transactions. were completed 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. $2,000, terms 3/10, 1/60. Paid freight on Arnie purchase $80. Received credit from Arnie Co. for merchandise returned $200. Sold merchandise on account to members $1,220, terms n/30. The merchandise sold had a cost of $770. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $760, terms 1/10, 1/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $60. Made sales on account to members $810, terms n/30. The cost of the merchandise sold was $550. Pald Woods Sportswear in full. Granted an allowance to members for clothing that did not fit properly $90. Received payments on account from members $1,250. Journalize the April transactions using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Credit Date Apr. 5 Account Titles and Explanation Inventory Debit 2000 2000 Accounts Payable Apr. 7 Inventory Cash 200 Apr. 9 Accounts Payable Inventory na X120 sults by Study Journalize the April transactions using a perpetual Inventory system. (If no entry is required, select "No Entry for the account for the amounts, Credit account titles are automatically indented when amount is entered. Do not indent manually. Recor in the order presented in the problem.) Date Account Titles and Explanation Apr. 5 Inventory Debit Credit 2000 Accounts Payable Apr. 7 . Inventory 2000 Cash Apr. 9 . Accounts Payable Inventory Apr. 10 : Accounts Receivable Sales Revenue (To record credit sale) 1200 Cost of Goods Sold Inventory (To record cost of goods sold) Apr. 12 Inventory Accounts Receivable CALCULATOR PRINTER VERSION BA Apr. 14 Accounts Payable ASSIGNMENT RESOURCES Ch5-HW Problem 5-03A 1800 Review Score Review Results by Study Objective Cash 1746 Apr. 17 : Accounts Payable Inventory Apr. 204 Accounts Receivable Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of goods sold) Apr. 21 4 Accounts Payable Inventory Cash Apr. 27 Sales Returns and Allowances Accounts Receivable ND: Apr 30 ) Cash Accounts Receivable