Record the following transactions of Fashion Park in a general journal. Fashion Park must charge 8 percent sales tax on all sales.

The company uses the perpetual inventory system. (Round your intermediate calculations and final answers to the nearest whole dollar value.)

DATE 20X1 TRANSACTIONS

April 2 Sold merchandise for cash, $2,560 plus sales tax. The cost of merchandise sold was $1,560.

3 The customer purchasing merchandise for cash on April 2 returned $280 of the merchandise; provided a cash refund to the customer. The cost of returned merchandise was $180.

4 Sold merchandise on credit to Jordan Clark; issued Sales Slip 908 for $1,110 plus tax, terms n/30. The cost of the merchandise sold was $660.

6 Accepted return of merchandise from Jordan Clark; issued Credit Memorandum 302 for $180 plus tax. The original sale was made on Sales Slip 908 of April 4. The cost of returned merchandise was $150.

30 Received payment on account from Jordan Clark in payment of her purchase of April 4, less the return on April 6.

Q1. Sold merchandise for cash, $2,560 plus sales tax.

Q2. The cost of merchandise sold was $1,560.

Q3. The customer purchasing merchandise for cash on April 2 returned $280 of the merchandise; provided a cash refund to the customer.

Q4. The cost of returned merchandise was $180.

Q5. Sold merchandise on credit to Jordan Clark; issued Sales Slip 908 for $1,110 plus tax, terms n/30.

Q6. The cost of the merchandise sold was $660.

Q7. Accepted return of merchandise from Jordan Clark; issued Credit Memorandum 302 for $180 plus tax. The original sale was made on Sales Slip 908 of April 4.

Q8. The cost of returned merchandise was $150.

Q9. Received payment on account from Jordan Clark in payment of her purchase of April 4, less the return on April 6.