Exceptional Electronics began operations September 1, 2019. The firm sells its merchandise for cash and on open account. Sales are subject to a 7 percent sales tax. During September, Exceptional Electronics engaged in the following transactions TRANSACTIONS DATE 2019 Sept. 1 Sold a inition television set on credit to Candy Cho; issued Sales Slip 101 for $2,000 plus sales tax of $140. 3 Sold stereo equipment on credit to Jin Peterson; issued Sales Slip 7 12 Accepted return 102 for $1,000 plus sales tax of $70 sold a mierowave oven on credit to Bridgette Buffman; issued Sales slip 103 ftor $400 plus sales tax of $28. of defective stereo equipment from Jim Peterson; $200 plus sales tax of $14. The Lesued Credit Memor andum 101 for $ stereo equipment was sold on September 3. d cash sales for the period from September 1 to September 16 sold gas dryer on credit to Kathy Sundstrand: issued Sales slip 17 Sold a home entertainment system on credit to Mark Navalta; issued 18 Rece ved $660 from Candy Cho on account 15 of $10,400 plus sales tax of $728 104 for $700 plus sales tax of $49. Sales slip 105 for $2,000 plus sales tax of $140. September 3, less the return of Septenber 12. 20 Received payment in ull trom 7im Peterson for the sale 25 Gave Mark Nav alta an allowance because of scratches on his home entertainment aystem sold on Septenber 17, Sales Slip 105: issued Credit Memorandum, 102 for $100 plus sales tax of $7 Received payment in full from Bridgette Hutfman for the sale of Septenber 7 2sod dishwasher on credit to Mark Navalta; issue d sales s1sp 106 for $500 plus sales tax of $35 Recorded cash sales tor the period Erom September 16 to September 30 of $10,700 plus sales tax of $749