$($a$)$

Journalize the April transactions using a perpetual inventory system. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

$($To record credit sale.$)$

$($To record cost of merchandise sold.$)$

$($To record credit sale.$)$

$($To record cost of merchandise sold.$)$

List of Accounts

Attempts: $0$ of $1$ used

$($b$)$

The parts of this question must be completed in order. This nart will he available when vou comnlete the nart ahoveView Policies

Current Attempt in Progress

At the beginning of the current season on April $1,$ the ledger of Flint's Discorama showed Cash $$2,000,$ Inventory $$2,600,$ and Owner's Capital $$4,600.$ The following transactions were completed during April $2022.$

Apr. $5$ Purchased golf discs, bags, and other inventory on account from Mumford Co$.$ $$1,000,$ FOB shipping point, terms $\frac{2}{10},$ n$/60.$

$7$ Paid freight on the Mumford purchase $$50.$

$9$ Received credit from Mumford Co$.$ for merchandise returned $$200.$

$10$ Sold merchandise on account for $$860,$ terms $\frac{n}{30}.$ The merchandise sold had a cost of $$516.$

$12$ Purchased disc golf shirts and other accessories on account from Saucer Sportswear $$600,$ terms $\frac{1}{10},\frac{n}{30}.$

$14$ Paid Mumford Co$.$ in full, less discount.

$17$ Received credit from Saucer Sportswear for merchandise returned $$0.$

$20$ Made sales on account for $$640,$ terms $\frac{n}{30}.$ The cost of the merchandise sold was $$300.$

$21$ Paid Saucer Sportswear in full, less discount.

$27$ Granted an allowance to customers for clothing that did not fit $$20.$

$30$ Received payments on account from customers $$910.$

The chart of accounts for the store includes the following: No$.101$ Cash, No$.112$ Accounts Receivable, No$.120$ Inventory, No$.201$ Accounts Payable, No$.301$ Owner's Capital, No$.401$ Sales Revenue, No$.412$ Sales Returns and Allowances, and No$.505$ Cost of Goods Sold.

$($a$)$