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Lisa's Fashion Boutique operates in a state with 8 percent sales tax on all sales. DATE TRANSACTIONS 20X1 Feb. 2 Sold merchandise totaling $3,000 to
Lisa's Fashion Boutique operates in a state with 8 percent sales tax on all sales.
DATE | TRANSACTIONS | |
20X1 | ||
Feb. | 2 | Sold merchandise totaling $3,000 to customers using bank credit cards. Record the 2 percent discount on credit card sales at time of sale. |
15 | Sold merchandise totaling $2,600 to customers using American Express. | |
20 | Received amount due from American Express, less their 3 percent discount, for sales made by customers using American Express on February 15. |
Required: Record the above transactions of Lisas Fashion Boutique in a general journal. (Round your intermediate calculations and final answers to 2 decimal places.)
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