Exercise 7.5 (Algo) Recording sales made with bank credit cards and American Express, with 8 percent sales tax. LO 7-1 Lisa's Fashion Boutique operates in a state with 8 percent sales tax on all sales. DATE TRANSACTIONS 20x1 Feb. 2 sold merchandise totaling $5,000 to customers oning bank credit cards. Record the 18 percent discount on credit card sales at time of sale. 15 sold merchandise totaling $2,000 to customers uning American Express 20 Received amount due from American Express, less their 19 percent discount, for sales made by customers using American Express on February 15. Required: Record the above transactions of Lisa's Fashion Boutique in a general joumal (Round your intermediate calculations and final answers to 2 decimal places.) View transaction ist Journal entry worksheet Sold merchandise totaling $5,000 plus tax to customers using bank credit Cards. Record the 18 percent discount on credit card sales at time of sale Not interdits before re Doble General Da Credit at sa I! Next >