Complete the general journal showing a debit

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

2019

April 2 - Sold merchandise for cash, $1,150 plus sales tax.

April 3 - The customer purchasing merchandise for cash on April 2 returned $100 of the merchandise; provided a cash refund to the customer.

April 4 - Sold merchandise on credit to Jordan Clark; issued Sales Slip 908 for $700 plus tax, terms n/30.

April 6 - Accepted return of damaged merchandise from Jordan Clark; issued Credit Memorandum 302 for $50 plus tax. The original sale was made on Sales Slip 908 of April 4.

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

Required - Complete the general journal showing a debit and a credit for each of the above dates?

Reference no: EM132447769

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