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View Policies Current Attempt in Progress At the beginning of the current season on April 1, the records of Concord Pro Shop showed Cash
View Policies Current Attempt in Progress At the beginning of the current season on April 1, the records of Concord Pro Shop showed Cash $2,850, Inventory $3,500, and Common Stock $6,350. The following transactions occurred during April 2022. Apr. 5 9 Purchased golf bags, clubs, and balls on account from Cullumber Co. $2,400. Received credit from Cullumber Co. for merchandise returned $800. 10 Sold merchandise on account to members $1,210. The merchandise sold had a cost of $910. 12 Purchased golf shoes, sweaters, and other accessories on account from Blossom Sportswear $760. 14 Paid Cullumber Co. in full. 17 Received credit from Blossom Sportswear for merchandise returned $60. 20 Made sales on account to members $830. The cost of merchandise sold was $550. 21 220 Paid Blossom Sportswear in full. 30 Received payments on account from members $1,450. 1 $ 5 9 10 10 12 14 Cash 17 20 20 21 21 30 30 EA + Assets Accts. Rec. + LA Inv. $ Liabilit Accts. I Liabilities + Accts. Pay. + Common Stock + $ $ A Rev. Stockholders' Equity Retained Earni Exp. Common Stock + A Rev. Stockholders' Equity $ Retained Earnings Exp. > > > > > > >
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