At the beginning of the current season on April 1, the ledger of Sunland Pro Shop...

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At the beginning of the current season on April 1, the ledger of Sunland Pro Shop showed Cash $3,035: Inventory $4,035, and Common Stock $7,070. The following transactions occurred during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,605, terms 3/10,n/60. 7 Paid freight on Arnie Co. purchases $86. 9 Received credit from Arnie Co.for merchandise returned $305. 10 Sold merchandise on account to members $1,434, terms n/30. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $888.terms 1/10, 1/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned $88. 20 Made sales on account to members $867. terms n/30. 21 Paid Woods Sportswear in full 27 Granted credit to members for clothing that did not fit properly $86. 30 Received payments on account from members $1,305. Journalize the April transactions using a periodic inventory system. Of no entry is required, select &#34;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. Round answers to decimal places, eg 5.275.) Credit Date Apr.5 Account Titles and Explanation Purchases Debit 1 D ,605 Accounts Payable 1.605 Apr. 7 Freight-In 86 Cash 86 Apr. 9 Accounts Payable 305 Purchase Returns and Allowances 305 Apr. 10 Accounts Receivable 1434 Sales Discounts Purchases Apr. 129 888 C Accounts Payable 888 Apr. 14 ) Accounts Payable Purchase Discounts Cash Apr. 174) Accounts Payable 88 Purchase Returns and Allowances 88 Apr. 20 Accounts Receivable 867 Sales Revenue 367 Apr. 21 Accounts Payable Purchase Discounts C C Cash Apr. 27 Sales Returns and Allowances 86 Accounts Receivable 86 Apr. 300 Cash 1305 Accounts Receivable 1305 eTextbook and Media List of Accounts Using Taccounts, enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries posted in parte. Round answers to decimal places, eg. 5,275. For accounts that have a zero balance select &#34;4/30 Bal from the list and enter for the amount Cash Accounts Receivable C Inventory Accounts Payable bodi hoi bi poodi loi bai Common Stock Sales Revenue Sales Returns and Allowances Purchases Purchase Returns and Allowances foi iii ndio Purchase Discounts Freight-In JC Prepare a trial balance on April 30.2022. Do not list those accounts that have zero ending balance) SUNLAND PRO SHOP Trial Balance April 30, 2022 Debit Credit Cash $ $ Accounts Receivable Inventory Purchases Purchase Returns and Allowances UUUUUUUUUU Sales Revenue Sales Returns and Allowances Purchase Discounts Freight-in Common Stock Prepare an income statement through gross profit, assuming inventory on hand at April 30 is $4,561. SUNLAND PRO SHOP Income Statement (Partial) April 30, 2022 JUUUU J JOULU

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In the books of Sunland Pro - Journal    Date  Particulars  Debit  Credit    Amount (USD)  Amount (USD)    Apr-05  Purchases (Debit)              1,605.00      Accounts Payable -Arnie Co (Credit)                1,605.00    (Narration : Sunland Pro purchased golf bag and balls worth $1,605 from Arnie Co, on credit .)      Apr-07  Freight-In (Debit)                    86.00      Cash (Credit)                      86.00    (Narration : Sunland Pro paid freight charges for the credit purchases done on April 5)      Apr-09  Accounts Payable -Arnie Co (Debit)                  305.00      Purchase Returns and allowances (Credit)                    305.00    (Narration: Sunland Pro returned good worth $305 to it's creditor Arnie Co      Apr-10  Accounts Receivable (Debit)              1,434.00      Sales (Credit)                1,434.00    (Narration: Sunland Pro sold goods worth $1,434 to it's members on credit      Apr-12  Purchases (Debit)                  888.00      Accounts Payable -Woods Sportswear (Credit)                    888.00    (Narration : Sunland Pro purchased golf shoes, sweaters and other accessories worth $ 888 from Woods Sportswear)      Apr-14 Accounts Payable - Arnie Co ( Debit)                  1,300.00     Cash (Credit)                        1,261.00   Purchases Discount (Credit)                            39.00    (Narration : Sunland Pro paid Arnie Co in full. Note the goods were purchased from Arnie on credit terms of 3/10, n/60 which means that if Sunland pro pays it's due withing 10 days from the date of purchase then a discount of 3% would be allowed at the time of payment. Now the amount outstanding on account of Arnie Co is $1,605-$305=$1300 so the discount received at the time of full settlement would be i,e $1300 X 3% = $39)                  Apr-17  Accounts Payable -Woods Sportswear (Debit)                    88.00      Purchase Returns and allowances (Credit)                      88.00    (Narration: Sunland Pro returned good worth $ 88 to it's creditor Woods Sportswear      Apr-20  Accounts Receivable (Debit)                  867.00      Sales (Credit)                    867.00    (Narration: Sunland Pro sold goods worth $867 to it's members on credit        Apr-21 Accounts Payable -Woods Sportswear ( Debit)                    800.00     Cash (Credit)                            792.00   Purchases Discount (Credit)                               8.00    (Narration : Sunland Pro paid Woods Sportswear in full. Note the goods were purchased from Woods Sportswear credit terms of 1/10, which means that if Sunland pro pays it's due withing 10 days from the date of purchase then a discount of 1% would be allowed at the time of payment. Now the amount outstanding on account of Woods Sportswear is $888-$88=$800 so the discount received at the time of full settlement would be i,e $800 X 1% = $8)                  Apr-27 Sales Return and Allowances (Debit)                        86.00     Account Receivable (Credit)                            86.00    (Narration: Sales return goods worth $ 86)       Apr-30 Cash (Debit)                      1,305.00     Accounts Receivable ( Credit)                      1,305.00    Narration : Received $1305 from the debtors on account on credit sales done.                Ledgers    Cash Account    Particulars  Debit (USD)    Credit (USD)    To Balance B/D                                  3,035.00  By Freight                86.00    To Accounts Receivable                                  1,305.00  By Accounts Payable ( Arnie co)          1,261.00        By Accounts Payable ( Woods Sportswear)              792.00        By Balance C/F          2,201.00                                      4,340.00            4,340.00              Accounts Receivable    Particulars  Debit (USD)    Credit (USD)    To Sales                                  1,434.00  By Sales return and allowances                86.00        By Cash          1,305.00        By Balance C/F                43.00                                      1,434.00            1,434.00              Inventory    Particulars  Debit (USD)    Credit (USD)    To Balance B/F                                  4,035.00  By Balance C/F          4,035.00              Accounts Payable    Particulars  Debit (USD)    Credit (USD)    To purchase return and allowance (Arnie Co)                                      305.00  By Purchases-Arnie Co          1,605.00    To Cash                                  1,261.00  By Purchases-Woods Sports wear              888.00    To Purchases discount -Arnie                                        39.00        To purchase return and allowance (Woods Sports Wear                                      867.00        To Cash                                      792.00        To Purchases discount -Woods Sports wear                                           8.00  By Balance C/F              779.00                                                3,272.00            3,272.00                        Common Stock    Particulars  Debit (USD)    Credit (USD)    To Balance B/F                                  7,070.00  By Balance C/F          7,070.00              Sales    Particulars  Debit (USD)    Credit (USD)    To Balance C/F                                  1,434.00  By Accounts Receivable          1,434.00              Sales Return    Particulars  Debit (USD)    Credit (USD)    To Accounts Receivable  86  By Balance C/F  86              Purchases Account    Particulars  Debit (USD)    Credit (USD)    To Accounts Payable- Arnie Co  1605  By Balance C/F  2493    To Accounts Payable- Woods Spors wear  888                    2493    2493              Purchases return    Particulars  Debit (USD)    Credit (USD)    To Balance C/F  1173  By Accounts Payable - Arnie Co  305        By Accounts Payable - Woods Sports  867                1173    1172              Purchases Discount    Particulars  Debit (USD)    Credit (USD)    To Balance C/F  47  By Accounts Payable - Arnie Co  39        By Accounts Payable - Woods Sports  8                47    47              Freight-in    Particulars  Debit (USD)    Credit (USD)    To cash  86  By Balance C/F  86        Sunland Pro Shop    Trail Balance    April 30,2022    Particulars  Debit(USD)  Credit(USD)    Cash                                  2,201.00      Accounts Receivable                                        43.00      Inventory                                  4,035.00      Purchases                                  2,493.00      Purchases Returns                                                                           1,173.00    Sales                                                                           1,434.00    Sales Return                                        86.00      Purchases Discount                                                                                 47.00    Freight-in                                        86.00      Common Stock                                                                           7,070.00   .

At the beginning of the current season on April 1, the ledger of Sunland Pro Shop...

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In the books of Sunland Pro - Journal
Date	Particulars	Debit	Credit
		Amount (USD)	Amount (USD)
Apr-05	Purchases (Debit)	1,605.00
	Accounts Payable -Arnie Co (Credit)		1,605.00
	(Narration : Sunland Pro purchased golf bag and balls worth $1,605 from Arnie Co, on credit .)
Apr-07	Freight-In (Debit)	86.00
	Cash (Credit)		86.00
	(Narration : Sunland Pro paid freight charges for the credit purchases done on April 5)
Apr-09	Accounts Payable -Arnie Co (Debit)	305.00
	Purchase Returns and allowances (Credit)		305.00
	(Narration: Sunland Pro returned good worth $305 to it's creditor Arnie Co
Apr-10	Accounts Receivable (Debit)	1,434.00
	Sales (Credit)		1,434.00
	(Narration: Sunland Pro sold goods worth $1,434 to it's members on credit
Apr-12	Purchases (Debit)	888.00
	Accounts Payable -Woods Sportswear (Credit)		888.00
	(Narration : Sunland Pro purchased golf shoes, sweaters and other accessories worth $ 888 from Woods Sportswear)
Apr-14	Accounts Payable - Arnie Co ( Debit)	1,300.00
	Cash (Credit)		1,261.00
	Purchases Discount (Credit)		39.00
	(Narration : Sunland Pro paid Arnie Co in full. Note the goods were purchased from Arnie on credit terms of 3/10, n/60 which means that if Sunland pro pays it's due withing 10 days from the date of purchase then a discount of 3% would be allowed at the time of payment. Now the amount outstanding on account of Arnie Co is $1,605-$305=$1300 so the discount received at the time of full settlement would be i,e $1300 X 3% = $39)


Apr-17	Accounts Payable -Woods Sportswear (Debit)	88.00
	Purchase Returns and allowances (Credit)		88.00
	(Narration: Sunland Pro returned good worth $ 88 to it's creditor Woods Sportswear
Apr-20	Accounts Receivable (Debit)	867.00
	Sales (Credit)		867.00
	(Narration: Sunland Pro sold goods worth $867 to it's members on credit
Apr-21	Accounts Payable -Woods Sportswear ( Debit)	800.00
	Cash (Credit)		792.00
	Purchases Discount (Credit)		8.00
	(Narration : Sunland Pro paid Woods Sportswear in full. Note the goods were purchased from Woods Sportswear credit terms of 1/10, which means that if Sunland pro pays it's due withing 10 days from the date of purchase then a discount of 1% would be allowed at the time of payment. Now the amount outstanding on account of Woods Sportswear is $888-$88=$800 so the discount received at the time of full settlement would be i,e $800 X 1% = $8)


Apr-27	Sales Return and Allowances (Debit)	86.00
	Account Receivable (Credit)		86.00
	(Narration: Sales return goods worth $ 86)
Apr-30	Cash (Debit)	1,305.00
	Accounts Receivable ( Credit)		1,305.00
	Narration : Received $1305 from the debtors on account on credit sales done.

Ledgers
Cash Account
Particulars	Debit (USD)		Credit (USD)
To Balance B/D	3,035.00	By Freight	86.00
To Accounts Receivable	1,305.00	By Accounts Payable ( Arnie co)	1,261.00
		By Accounts Payable ( Woods Sportswear)	792.00
		By Balance C/F	2,201.00
	4,340.00		4,340.00

Accounts Receivable
Particulars	Debit (USD)		Credit (USD)
To Sales	1,434.00	By Sales return and allowances	86.00
		By Cash	1,305.00
		By Balance C/F	43.00
	1,434.00		1,434.00

Inventory
Particulars	Debit (USD)		Credit (USD)
To Balance B/F	4,035.00	By Balance C/F	4,035.00

Accounts Payable
Particulars	Debit (USD)		Credit (USD)
To purchase return and allowance (Arnie Co)	305.00	By Purchases-Arnie Co	1,605.00
To Cash	1,261.00	By Purchases-Woods Sports wear	888.00
To Purchases discount -Arnie	39.00
To purchase return and allowance (Woods Sports Wear	867.00
To Cash	792.00
To Purchases discount -Woods Sports wear	8.00	By Balance C/F	779.00

	3,272.00		3,272.00


Common Stock
Particulars	Debit (USD)		Credit (USD)
To Balance B/F	7,070.00	By Balance C/F	7,070.00

Sales
Particulars	Debit (USD)		Credit (USD)
To Balance C/F	1,434.00	By Accounts Receivable	1,434.00

Sales Return
Particulars	Debit (USD)		Credit (USD)
To Accounts Receivable	86	By Balance C/F	86

Purchases Account
Particulars	Debit (USD)		Credit (USD)
To Accounts Payable- Arnie Co	1605	By Balance C/F	2493
To Accounts Payable- Woods Spors wear	888

	2493		2493

Purchases return
Particulars	Debit (USD)		Credit (USD)
To Balance C/F	1173	By Accounts Payable - Arnie Co	305
		By Accounts Payable - Woods Sports	867

	1173		1172

Purchases Discount
Particulars	Debit (USD)		Credit (USD)
To Balance C/F	47	By Accounts Payable - Arnie Co	39
		By Accounts Payable - Woods Sports	8

	47		47

Freight-in
Particulars	Debit (USD)		Credit (USD)
To cash	86	By Balance C/F	86

Sunland Pro Shop
Trail Balance
April 30,2022
Particulars	Debit(USD)	Credit(USD)
Cash	2,201.00
Accounts Receivable	43.00
Inventory	4,035.00
Purchases	2,493.00
Purchases Returns		1,173.00
Sales		1,434.00
Sales Return	86.00
Purchases Discount		47.00
Freight-in	86.00
Common Stock		7,070.00