Zheng, a former professional tennis star, operates Zheng's Tennis Shop at the Yalong River

Resort. At the beginning of the current season, the ledger of Zheng's Tennis Shop showed Cash

$2,200,$ Inventory $L800,$ and Share Capital$-$Ordinary $4\mathrm{.}000.$ The following transactions were

completed during April

Apr. $4$ Purchased racquets and balls from Jay$-$Mac Ltd$.760,$ FOB shipping point, terms $\frac{2}{10},\frac{n}{30}.$

$6$ Paid freight on purchase from Jay$-$Mac $40.$

$8$ Sold merchandise to members $1,150,$ terms $\frac{n}{30}.$ The merchandise sold had a cost of $790.$

$10$ Received credit of $60$ from Jay$-$Mac for a racquet that was returned.

$11$ Purchased tennis shoes from Li Sports for cash, $420.$

$13$ Paid Jay$-$Mac in full.

$14$ Purchased tennis shirts and shorts from Everett Sportswear $800,$ FOB shipping point, terms

$\frac{3}{10},\frac{n}{60}.$

$15$ Received cash refund of $50$ from Li Sports for damaged merchandise that was returned.

$17$ Paid freight on Everett Sportswear purchase $30.$

$18$ Sold merchandise to members $980,$ terms $\frac{n}{30}.$ The cost of the merchandise sold

was $520.$

$20$ Received $600$ in cash from members in settlement of their accounts.

$21$ Paid Everett Sportswear in full.

$27$ Granted an allowance of $40$ to members for tennis clothing that did not fit properly.

$30$ Received cash payments on account from members, $820.$

The chart of accounts for the tennis shop includes the following: $.101$ Cash, $.112$ Accounts Re$-$

ceivable, No$.120$ Inventory, No$.201$ Accounts Payable, No$.311$ Share Capital$-$Ordinary, $.401$ Sales

Revenue, No$.412$ Sales Returns and Allowances, and No$.505$ Cost of Goods Sold.

Instructions:

Journalize the April transactions using:

A$.$ Perpetual inventory system

B$.$ Periodic inventory system