Exercise 7.4. Record the following transactions of Fashion Designs in a general journal:

SALES TAX IS 8 PERCENT.

Date	Transactions
2016
April 2	Sold merchandise for cash, $1,500 plus sales tax.
April 3	The customer purchasing merchandise for cash on April 2 returned $150 of the merchandise; provided a cash refund to the customer.
April 4	Sold merchandise on credit to Tisha Lee; issued Sales Slip 908 for $1,050 plus tax, terms n/30.
April 6	Accepted return of damaged merchandise from Tisha Lee; issued Credit Memorandum 302 for $75 plus tax. The original sale was made on Sales Slip 908 of April 4.
April 30	Received payment on account from Tisha Lee in payment of her purchase of April 4, less the return on April 6.