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The following transactions took place at Fine Fashions Qutlet during July 20X1. Fine Fashions Outlet uses a perpetual inventory system. DATE TRANSACTIONS 2EXI July 1 Purchased dresses for $4,810 plus a freight charge of $319 fron Fashion Expo, Involce 181, dated July 1 ; the teras are 2/10,n/30 5 Sold two dresses on account to Alice Chu, terms 1/10,n/30; issued Sales 51 ip 788 for $720. The cost of the dresses sold was 5460 . 7 Received Credit Memorandan 210 for $610 from Fashion Expo for danaged dresses returned; the goods wire purchased on Invo the cash discount. Preceived 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 bank credit cards for the two-week period ended July 15,$12,690; the bank charges a 39 fee on all credit. 17 Purchased merchandise on account from Fashion wholesalers for \$5, 100, subject to trade discounts of 40k and 10 : terns 1/10,n/30, Invoice 2078, 26 Paid anount aved to Fashion. Wholesalers for the purchase of July 17, Check 106. Required: Record the transactions in a general journal. Analyze: What percentage of the total amount due to fashion Expo on July 1 is due to the freight charge? Complete this question by entering your answers in the tabs below. The following transactions took place at Fine Fashions Outlet during July 20x1. Fine Fashions Outlet uses a perpetual inventory system. Date Teansactions 20xi July 1 Purchased dresses for 14,810 plus a freight charge of 5310 from farhion Expo, Invoice 101, dated July 1: the terms are 2/10, n/30. 5 Sold two dresses on account to Alice Chu, teres 1/10, n~/10; issued Sales 5 ip 7is for $720. The cost of the dresses sold was 5460 . 7 Received Credit Menorantun 210 for 5610 from Fashion fxpo for dasaged dresses returned; the goods were purchased on Invoice 101, dated. July 1. 9 Accepted a return of a dress from Alice Chu; the dress mas originally sold on Sales SIip 7ab of July 5; issued Credit Menorandus 89 for $260. The cost of the returned dress was $195. 10 Issued Check 1255 to pay the anount due to. Fashion Fxpo for invoice 10t, dated July 1 , less the return of July 7 and less the cash discount. 15 Received paynent froe Alice chu for the sale of July 5. less the return of July 9 and less the cash discount. 15 Pecorded sales on bank credit cards for the two-week peried ended July 15, 312 , 600; the bank charges a Ik fee on all credit card sales. The cost of nerchandise sold was $8,600. 17 Purchased merchandise on account from Fashien hholesalers for 35, 100, sobject to trade discounts of 406 and 1 es; teras 1/10,n/30, Invoice 207s, 26 Paid anount owed to Fashion Mholesalers for the purchase of July 17, Check 106. Required: Record the transactions in a general journal. Analyze: What percentage of the total amount due to Fashion Expo on July 1 is due to the freight charge? Complete this question by entering your answers in the tabs below