Show Attempt History Current Attempt in Progress At the beginning of the current golf season, on April 1, 2021. the general ledger of the In the Pronghorn Golf Shop Limited showed Cash $4,480: Inventory $ 21.060: Common Shares $ 12.960, and Retained Earnings $ 12,580. The In the Pronghorn Golf Shop uses a perpetual inventory system and experiences a return rate of 2% on sales The following transactions occurred in April: Apr 5 2 9 11 14 Purchased golf bars, clubs, and balls on account from Balata Corp for $ 3456. terms 1/10, 1/30, FOB shipping point Freight of $313 was paid by the appropriate party on the April a purchase from Balita. Sold merchandise on account to members for $ 10,600, terms tv30. The cost of the merchandise sold was $6,100 Received a $ 340 credit from Balata for returned merchandise. Paid Balata in full Received payments on account from members $4,482 Purchased golt shoes, sweaters, and other accessories an account from Arrow Sportswear Limited for $1420, terms 2/10,n/30 Received a $ 106 credit from Arrow Sportswear for returned merchandise $ Sold merchandise on account to members for $11.700, terms 130. The cost of the merchandise sold was $ 6,400. Paid Arrow Sportswear in tull. Received payments on account from members $4,732 16 17 20 24 25 (a) Your answer is correct. Record the April transactions, (Ust all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to decimal places, e 5.125.) Date Account Titles and Explanation Debit Credit Intor 3456 Accounts Payable 345 Inventory 319 Ch Accounts lacevable 10000 Sales (b) Set up Taccounts, enter the opening balance and post the transactions entre in the order of journal entries presented in the previous port Cash Accounts Receivable Inventory Estimated Inventory Returns Common Shares Inventory v > Estimated Inventory Returns Common Shares Accounts Payable V Refund Liability > Accounts Payable Refund Liability Sales Cost of Goods Sold Retained Earnings Show Attempt History Current Attempt in Progress At the beginning of the current golf season, on April 1, 2021. the general ledger of the In the Pronghorn Golf Shop Limited showed Cash $4,480: Inventory $ 21.060: Common Shares $ 12.960, and Retained Earnings $ 12,580. The In the Pronghorn Golf Shop uses a perpetual inventory system and experiences a return rate of 2% on sales The following transactions occurred in April: Apr 5 2 9 11 14 Purchased golf bars, clubs, and balls on account from Balata Corp for $ 3456. terms 1/10, 1/30, FOB shipping point Freight of $313 was paid by the appropriate party on the April a purchase from Balita. Sold merchandise on account to members for $ 10,600, terms tv30. The cost of the merchandise sold was $6,100 Received a $ 340 credit from Balata for returned merchandise. Paid Balata in full Received payments on account from members $4,482 Purchased golt shoes, sweaters, and other accessories an account from Arrow Sportswear Limited for $1420, terms 2/10,n/30 Received a $ 106 credit from Arrow Sportswear for returned merchandise $ Sold merchandise on account to members for $11.700, terms 130. The cost of the merchandise sold was $ 6,400. Paid Arrow Sportswear in tull. Received payments on account from members $4,732 16 17 20 24 25 (a) Your answer is correct. Record the April transactions, (Ust all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to decimal places, e 5.125.) Date Account Titles and Explanation Debit Credit Intor 3456 Accounts Payable 345 Inventory 319 Ch Accounts lacevable 10000 Sales (b) Set up Taccounts, enter the opening balance and post the transactions entre in the order of journal entries presented in the previous port Cash Accounts Receivable Inventory Estimated Inventory Returns Common Shares Inventory v > Estimated Inventory Returns Common Shares Accounts Payable V Refund Liability > Accounts Payable Refund Liability Sales Cost of Goods Sold Retained Earnings