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9 At the beginning of the current season on April 1, the fedger of Wildhorse Pro Shop showed Cash $3,480, Inventory $3.500 and Common Stock $6.980 The following transactions were completed during April 2022 Apr. 5 Purchased golf bags, clubs, and balls on account from Amie Co.$1,700, terms 2/10./60. 7 Paid Freight on Arnie purchase 580 Received credit from Arnie Co for merelsardise returned 5400. Sold merchandise on account to members $1430, terms /30. The merchandise sold had a cost of $790. Purchased golf shoes sweaters, and other accessories on account from Woods Sportswear $780 terms 1/10, 1/30 Paid Arnie Co in full Received credit from Woods Sportswear for merchandise returned $80. Made sales on account to members $850 terms /30 The cost of the merchandise sold was $550. Paid Woods Sportswear in full Granted an allowance to members for clothing that did not fit property S85 30 Received payments on account from members $1.370 10 12 14 17 20 21 27 Joumalize the April transactions using a perpetual inventory system (if ne entry is required, select "Ne Entry for the account titles and enter 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) Account Titles and Explanation Debit Date Credit Apr.5 Apt To record credit sale To record cost of goods sold) To record credit sale) (To record credit sale) (To record cost of goods sold) eTextbook and Media List of Accounts Using Taccounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the arder of journal entries posted in part d. For accounts that have a zero balance select *4/30 Bal from the list and enter for the amount) Cash + 2 . . . Accounts Receivable 3 + Inventory Inventory e 2 Accounts Payable . . : Common Stock Sales Revenue . Sales Returns and Allowances Cost of Goods Sold . + Prepare a trial balance on April 30 2022. Do not list those accounts that have zero ending balance.) WILDHORSE PRO SHOP Trial Balance Debit Credit e Textbook and Media List of Accounts Prepare an income statement through cross profit for the month of April 2022 WILDHORSE PRO SHOP Income Statement (Partial) 7

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