The following transactions took place at Fine Fashions Outlet during July 2019. Fine Fashions Outlet uses a perpetual inventory system. DATE TRANSACTIONS July 1 Purchased dresses for $4,400 plus a freight charge of $700 from Fashion Expo, Invoice 101, dated July 1; the terms are 2/10, n/30. 5 Sold two dresses on account to Alice Chu, terms 1/10, n/30; issued Sales Slip 788 for $900. The cost of the dresses sold was $720. 7 Received Credit Memorandum 210 for $850 from Fashion Expo for damaged dresses returned; the goods were purchased on Invoice 101 dated July 1. 9 Accepted a return of a dress from Alice Chu; the dress was originally sold on Sales Slip 788 of July 5; issued Credit Memorandum 89 for $400. The cost of the returned dress was $240. 10 Issued Check 1255 to pay the amount due to Fashion Expo for Invoice 101, dated July 1, less the return of July 7 and less the cash discount. 15 Received payment from Alice Chu for the sale of July 5, less the return of July 9 and less the cash discount. 15 Recorded sales on credit cards for the two-week period ended July 15, $13,000; the bank charges a 3 percent fee on all credit card sales. The cost of merchandise sold was $10,400. 17 Purchased merchandise on account from Fashion Wholesalers for $5,000, subject to trade discounts of 40 percent and 10 percent, terms 1/10, n/30, Invoice 2078. 26 Paid amount owed to Fashion Wholesalers for the purchase of July 17, Check 1285. Record the transactions in a general journal. Analyze: What percentage of the total amount due to Fashion Expo on July 1 is due to the freight charge? Complete this question by entering your answers in the tabs below. X: 12 > 1 Record the purchase of dresses on account from Fashion Expo, invoice 101 dated July 1. Freight charges of $700 added to invoice. terms 2/10, n/30. e 101 /30. 2 Record the sale of two dresses to Alice Chu, sales slip 788; terms 1/10, n/30. 3 Record the $720 cost of the dresses sold. 4 Credit Record the receipt of credit memorandum 210 for damaged dresses returned; the goods were originally purchased on invoice 101 dated July 1. 5 Record the issued credit memorandum 89 for $400 to Alice Chu for a returned dress; the dress was originally sold on sales slip 788 dated July 5. Note : = journal entry has been entered Record entry Clear entry View general Journal X: 6 Record the $240 cost of the dress returned. 12 7 Record the payment of amount due on invoice 101 to Fashion Expo after receipt of credit memo 210, check 1255. e 101 /30. 8 Record the receipt of amount due from Alice Chu for sale of July 5, less return of July 9 and less cash discount. Credit 9 Record the sales to customers using bank credit cards. 10 Record the cost of merchandise for the credit card sales. 11 Record the purchase of merchandise on account, invoice 2078, terms 1/10, n/30. Note : = journal entry has been entered Record entry Clear entry View general Journal 12 Record the payment of amount due on invoice 2078, check 1285. Note : = journal entry has been entered Record entry Clear entry View general Journal Complete this question by entering your answers in the tabs below. General Journal Analyze What percentage of the total amount due to Fashion Expo on July 1 is due to the freight charge? (Round the percentage values to the nearest whole number.) Percentage of freight charge due %