Star Electronics had the below transactions during Sept $10,$ of the current year. a$)$ Write the journal entries for each transaction $(8$ marks$)$ and b$)$ calculate the net sales for the day $(2$ marks$).$

i$.$ Sold a television to a customer for $$2,500$ on credit, terms $\frac{2}{20},\frac{n}{60}.$

ii$.$ The customer in $($ii$)$ paid in cash for the television, $16$ days after purchase.

iii. A customer came to return a printer purchased for $$700$ and was refunded in full.

iv$.$ A customer purchased a gaming console for $$1,200$ using his credit card. The credit card company charges Star $2\%$ fee.

$7$

A

B

I