Question: Need some help with this question along with some brief step by step. thank you Record the following transactions of Fashion Park in a general

Record the following transactions of Fashion Park in a general journal. FashionPark must charge 7 percent sales tax on all sales. The companyuses the perpetual inventory system. (Round your intermediate calculations and final answersto the nearest whole dollar value.) DATE 2a19 Apr i I 24 6 TRANSACTIONS Sold merchandise for cash, $2, 700 plus sales tax.The cost of merchandise sold was $1,7e. The customer purchasing merchandise forcash on April 2 returned $350 of the merchandise; provided a cashrefund to the customer. The cost of returned merchandise was $250. Soldmerchandise on credit to Jordan Clark; issued Sales Slip 908 for $1,250 plus tax, terms n/3a. The cost of the merchandise sold was

Need some help with this question along with some brief step by step. thank you

$1, 250. Accepted return of merchandise from Jordan Clark; issued Credit memorandum302 for $250 plus tax. The original sale was made on SalesSlip 908 of April 4. The cost of returned was $290. Receivedpayment on account from Jordan Clark in payment of her purchase ofApril 4, less the return on April 6.image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Record the following transactions of Fashion Park in a general journal. Fashion Park must charge 7 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 2a19 Apr i I 2 4 6 TRANSACTIONS Sold merchandise for cash, $2, 700 plus sales tax. The cost of merchandise sold was $1,7e. The customer purchasing merchandise for cash on April 2 returned $350 of the merchandise; provided a cash refund to the customer. The cost of returned merchandise was $250. Sold merchandise on credit to Jordan Clark; issued Sales Slip 908 for $1, 250 plus tax, terms n/3a. The cost of the merchandise sold was $1, 250. Accepted return of merchandise from Jordan Clark; issued Credit memorandum 302 for $250 plus tax. The original sale was made on Sales Slip 908 of April 4. The cost of returned was $290. Received payment on account from Jordan Clark in payment of her purchase of April 4, less the return on April 6.

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