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Journalize the April transactions using a perpetual inventory system At...

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Accounting

Journalize the April transactions using a perpetual inventory system
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At the beginning of the current season on April 1, the ledger of Sunland Pro Shop showed Cash $2,940, Inventory $3,500, and Common Stock \$6,440. The following transactions were completed during April 2025. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,000, terms 2/10,n/60. 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $600. 10 Sold merchandise on account to members $1,390, terms n/30. The merchandise sold had a cost of $750. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1,070, terms 1/10,n/30. 14 Paid Arnie Co0 in full. 17 Received credit from Woods Sportswear for merchandise returned $70. 20 Made sales on account to members $930, terms n/30. The cost of the merchandise sold was $550. 21 Paid Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $75. 30 Recelved payments on account from members $1,280

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