hapter 8 Help Save & Exit Su Check my wa The following transactions took place at Fine Fashions Outlet during July 2019. Fine Fashions Outlet uses a perpetual inventory system. DATE TRANSACTIONS 2019 July. 1 Purchased dresses for $4,770 plus a freight charge of 5270 from 5 Sold two dreases on account to Alice Chu, terms 1/10, n/30: issued 7 Received Credit Memorandum 210 for $570 from Fashion Expo for damaged Fashion Expo, Invoice 101, dated July 1: the terns are 2/10, n/30. Sales slip 788 for $640. The cost of the dresses sold was $420. dresses returned: the goods wore purchased on Invoice 101, dated July 9 Accepted a return of a dress from Alice Chu: the dress was originally sold on Sales Slip 788 of July S issued Credit Memorandum 89 for 220. The cost of the returned dreas was $155 10 Issued Check 1255 to pay the amount due to Fasahion Expo for Invoice 101, dated July 1, less the return of July 7 and less the cash discount 15 Received payment from Alice Chu for the sale of July 5, less the return of July 9 and less the cash discount 15 Recorded sales on credit cards for the two-week period ended July 15