View Policies Show Attempt History Current Attempt in Progress 9 At the beginning of the current season on April 1, the ledger of Cullumber Pro Shop showed Cash $2,850; Inventory $3,500; and Common Stock $6,350. The following transactions were completed during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $2,400, terms 3/10, 1/60. 7 Paid freight on Arnie purchase $80. Received credit from Arnie Co. for merchandise returned $800. 10 Sold merchandise on account to members $1,210, terms n/30. The merchandise sold had a cost of $910. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $760, terms 2/10, 1/30. 14 Paid Arnie Co. in full Received credit from Woods Sprtswear for merchandise returned $60. 20 Made sales on account to members $830, terms /30. The cost of the merchandise sold was $550. 21 Paid Woods Sportswear in full, Granted an allowance to members for clothing that did not fit properly $80. Received payments on account from members $1.450 12 17 27 30 (a) Your answer is correct Journalize the April transactions using a perpetual inventar 1.1 Cash Accounts Receivable Inventory 4 2 . Accounts Payable Accounts Payable Common Stock I Sales Revenue Sales Returns and Allowances Cost of Goods Sold Sales Returns and Allowances Cost of Goods Sold e Textbook and Media