Question 2 View Policies Current Attempt in Progress At the beginning of the current season on April 1, the ledger of Crane Pro Shop showed Cash $2,910; Inventory $3.500, and Common Stock $6,410. The following transactions were completed during April 2022 Apr.5 Purchased golf bags, clubs, and balls on account from Arnie Co $1,900, terms 3/10, 1/60 7 Paid freight on Arnie purchase $80. 9 Received credit from Arnie Co. for merchandise returned $500. 10 Sold merchandise on account to members $1,200, terms n/30. The merchandise sold had a cost of $320. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1.070, terms 1/10,30. 14 Pald Arnie Co, in full 17 Received credit from Woods Sportswear for merchandise returned $70. 20 Made sales on account to members $970, terms 30. The cost of the merchandise sold was $550, 21 Pald Woods Sportswear in full. 27 Granted an allowance to members for clothing that did not fit properly $75. 30 Received payments on account from members $1.150. Journalize the April transactions using a perpetual Inventory system. if ne entry is required, select "No 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.) Journalize the April transactions using a perpetual Inventory system. (if no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account title are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of goods sold) (To record cost of goods sold) (To record credit sale) (To record cost of goods sold) (plos spoob jo 1500 puodes OL) Using l-accounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries posted in parte have a zero balance select "4/30 Bal." from the list and enter for the amount.) Cash Accounts Receivable Inventory Inventory .! Accounts Payable u Common Stock 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.) CRANE PRO SHOP Trial Balance Debit Credit