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10/22/201 Problem 5-9A Print by: CHRISTOPHER BENITEZ ACCT 220 Wu Th. 7-9:45pm/Chapter 5 Homework Problem 5-9A At the beginning of the current season on April 1, the ledger of Granite Hills Pra Shop showed Cash $3,090; Inventory $4,090; and Common Stock $7,180. The following transactions occurred during April 2017. Apr. 5 Purchased golf bags, dubs, and balls on account from Arnie Co. $ 1,770, terms 3/10, n/60. 7 Pald freight on Arnie Co, purchases $94 9 Received credit from Arnie Co. for merchandise returned $470. 10 Sold merchandise on account to members $1,581, terms n/30. 12 Purchased golr shoes, sweaters, and other accessories on account from Woods Sportswear $979, terms 2/10, n/30. 14 Paid Amie Co, in full. 17 Received credit from Woods Sportswear for merchandise returned $179 20 Made sales on account to members $956, terms n/30 21 Paid Woods Sportswear in full 27 Granted credit to members for clothing that did not fit properly $94. 30 Received payments on account from members $1,440 Journalize the April transactions using a periodic inventory system. (If no entry is required, select "No Entry" for the account tities and enter O 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. Round answers to O decimal places, e.g. 5,275.) Date Account Titdes and Explanation Debit Credit 1/4

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