February 2019, Royal Gift Shop engaged in the following transactions: DATE TRANSACTIONS 2019 Feb. 1 sold crystal goods to Lovely Kitchens, a wholesale customer. The list price is $4,900, with a 25 percent trade discount. This sale is not subject to sales tax. Issued Invoice 5950 with terms of n/15. 15 Recorded cash sales for the period from February 1 to February 15 of $9,400 plus sales tax of $752. 15 Recorded sales for the period from February 1 to February 15 to customers using bank credit cards of $12,900 plus sales tax of $1,032. (Record the 1 percent credit card expense at this time.) 16 Received a check from Lovely Kitchens in payment of Invoice 5950 dated February 1. 16 Sold merchandise to customers using American Express for $8,900 plus sales tax of $712. 17 Sold a set of Roman statues to Beautiful Bedrooms, a wholesale customer. The list price is $8,900, with a 30 percent trade discount. This sale is not subject to sales tax. Issued Invoice 5951 with terms of n/15. 20 Received payment from American Express for the amount billed on February 16, less a 2 percent credit card expense. 27 Received a check from Beautiful Bedrooms in payment of Invoice 5951 dated February 17. 28 Recorded cash sales for the period from February 16 to February 28 of $7,700 plus sales tax of $616. 28 Recorded sales for the period from February 16 to Febr ry 28 to customers using bank credit cards of $10,000 plus sales tax of $800. (Record the 1 percent credit card expense at this time.) 28 Sold merchandise to customers using American Express for $10,100 plus sales tax of $808. Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate accounts in the general ledger. GENERAL LEDGER ACCOUNTS 101 Cash, $23,130 Dr. 121 Accounts Receivable 222 Sales Tax Payable 401 521 Sales Credit Card Expense Analyze: What was the total credit card expense incurred in February? Complete this question by entering your answers in the tabs below