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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

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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 TRANSACTIONS 2019 April 2 Sold merchandise for cash, $2,530 plus sales tax. The cost of merchandise sold was $1,530. 3 The customer purchasing merchandise for cash on April 2 returned $265 of the merchandise; provided a cash refund to the customer. The cost of returned merchandise was $165. 4 Sold merchandise on credit to Jordan Clark; issued Sales Slip 908 for $1,650 plus tax, terns 1/30. The cost of the merchandise sold was $645. 6 Accepted return of merchandise from Jordan Clark; issued Credit Memorandum 302 for $165 plus tax. The original sale was made on Sales Slip 908 of April 4. The cost of returned merchandise was $120. 30 Received payment on account from Jordan Clark in payment of her purchase of April 4, less the return on April 6. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 Sold merchandise for cash. $2.530 plus sales tax. 1 2 3 4 5 6 7 8 9 Sold merchandise for cash, $2,530 plus sales tax. Note: Enter debits before credits. General Journal Debit Credit Date April 02, 2019 Journal entry worksheet 2 3 4 5 6 7 8 9 The cost of merchandise 'sold was $1,530. Note: Enter debits before credits. General Journal D ebit Credit Date April 02, 2019 View transaction list Journal entry worksheet

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