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At the beginning of the current season on April 1, the ledger of Riverbed's Discorama showed Cash $1,800, Inventory $2,400, and Owner's Capital $4,200. The following transactions were completed during April 2022. Apr. 5 Purchased golf discs, bags, and other inventory on account from Mumford Co. $1.200, FOB shipping point, terms 2/10, 1/60 7 9 10 Paid freight on the Mumford purchase $50. Received credit from Mumford Co. for merchandise returned $100. Sold merchandise on account for $980, terms 130. The merchandise sold had a cost of $588. Purchased disc golf shirts and other accessories on account from Saucer Sportswear $640, terms 1/10./30. Paid Mumford Co. in full, less discount. 12 14 17 Received credit from Saucer Sportswear for merchandise returned $40. 20 Made sales on account for $700, terms n/30. The cost of the merchandise sold was $400. 21 Paid Saucer Sportswear in full less discount, Granted an allowance to customers for clothing that did not fit $10. 27 Enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries presented in the previous part.) Cash No. 101 Date Explanation Ref. Debit Credit Balance Balance 31 11 31 Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) RIVERBED'S DISCORAMA Trial Balance Debit Credit

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