Sports Junction began operations March 1, 20X1. The firm sells its merchandise for cash; on open account; to customers using bank credit cards, such as MasterCard and Visa; and to customers using American Express. Merchandise sales are subject to an 8 percent sales tax. The bank credit cards charge a 3 percent fee. American Express charges a 4 percent fee. During March, Sports Junction engaged in the following transactions: DATE TRAMSACTIONS 201 3 Sold merehandise on oredit to Kiriam Nbboud; issued sales s1ip 102 for $375 plus sales tax of $30. Mareh 1? issued Credit Merorandum 1 for $135, which included sales tax of $10. return of merehandise on March 8. 12 Sold merehandise on eredit to hnn Hof isgued sales slip 103 for 5525 plus salea tax of $42. 15 Recorded cash sales for the period from March 1 to March 15 of $5,000 plus sales tax of $400, bales tax of $560. (Record the p percent credit card expense at this time. ) 26 Sold merchandise to customers using Arerican Express for $3,000;plus.sales tax of. $240. 28 Recelved a check from Ann tho of $167 to apply toward her account. 31 Recorded eash sales for the period from March 16 to Mareh 31 of $5,500 plus 5 ales tax of $440. 31 Received payment from American Express for the amount billed on Mareh 26 , less a 4 percent fee. Bales tax of $500. (Record the J percent credit card expense at thin time.l Required: 2. Record the transactions in a general journal. 3. Post the entries from the general journal to the appropriate account in the general ledger and in the accounts recelvable ledger. 4. Prepare a schedule of accounts recelvable. Post the entries from the general journal to the appropriate account in the general ledger and in the accounts receivable ledger: Complete this question by entering your answers in the tabs below. Prepare a schedule of accounts receivable