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View Policies Show Attempt History Current Attempt in Progress At the beginning of the current season on April 1, the ledger of Sandhill Pro Shop

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View Policies Show Attempt History Current Attempt in Progress At the beginning of the current season on April 1, the ledger of Sandhill Pro Shop showed Cash $2,980; Inventory $3,500; and Common Stock $6,480. The following transactions were completed during April 2022. Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,200, terms 2/10, 1/60 Paid freight on Arnie purchase $80. 7 9 Received credit from Arnie Co.for merchandise returned $600. 10 Sold merchandise on account to members $1,360, terms /30. The merchandise sold had a cost of $920. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,050, terms 2/10, 1/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $50. Made sales on account to members $820, terms n/30. The cost of the merchandise sold was 5550. 20 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $80 Received payments on account from members $1.170. 30 Your answer is correct Journalize the April transactions using a perpetual inventory system. df no entry is required, select "No Entry for the account titles Date Account Titles and Explanation Debit Credit Apr. 5 Inventory 2200 Accounts Payable 2200 Apr. 7 Inventory 80 Cash 80 Apr. 9 Accounts Payable 600 Inventory 600 Apr. 10 Accounts Receivable 1360 Sales Revenue 1360 (To record credit sale) Cost of Goods Sold 920 Inventory 920 (To record cost of goods sold) Apr 12 Inventory 1050 Accounts Payable 1050 Apr. 12 Inventory 1050 Accounts Payable 1050 Apr. 14 Accounts Payable 1600 Inventory 32 Cash 1568 Apr. 17 Accounts Payable SO Inventory 50 Apr. 20 Accounts Receivable 820 Sales Revenue 820 (To record credit sale) Cost of Goods Sold 550 Inventory 550 (To record cost of goods sold) pr. 21 Accounts Payable 1000 Inventory 20 Question 2 of 2

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