- Journalize the April transactions using a periodic inventory system.

- Using T accounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries posted in part a. Round answers to 0 decimal places, e.g. 5,275. For accounts that have a zero balance select "4/30 Bal." from the list and enter 0 for the amount.) - Prepare a trial balance on April 30, 2022. (Do not list those accounts that have zero ending balance.) - Prepare an income statement through gross profit, assuming inventory on hand at April 30 is $4,263.

At the beginning of the current season on April 1, the ledger of Blossom Pro Shop showed Cash $3,000; Inventory $4,000; and Common Stock $7,000. The following transactions occurred during April 2022. Apr. 5 7 9 10 12 14 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,500, terms 3/10, n/60. Paid freight on Arnie Co. purchases $80. Received credit from Arnie Co. for merchandise returned $200. Sold merchandise on account to members $1,340, terms n/30. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $830, terms 1/10, n/30. Paid Arnie Co. in full. Received credit from Woods Sportswear for merchandise returned $30. Made sales on account to members $810, terms n/30. Paid Woods Sportswear in full. Granted credit to members for clothing that did not fit properly $80. Received payments on account from members $1,220. 17 20 21 27 30