How would you record the following credit transaction in your books, if you were a bookkeeper for this office supply business? Sales Summary for 05/03/2014 Item Paper Print cartridges Hanging files Envelopes Pens Subtotal Sales discount @ 20% Sales after discount VAT @ 20% Total cash sales Total credit card sales Total credit account sales Total sales Quantity Price Total 10 boxes 15.00 150.00 5 15.00 75.00 7 boxes 5.00 35.00 10 boxes 7.00 70.00 20 boxes 8.00 160.00 490.00 98.00 392.00 78.40 145.40 150.00 175.00 470.40