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The following transactions took place at Fabulous Fashions Outlet during July 20X1. Fabulous Fashions Outlet uses a perpetual inventory system. The firm operates in a state with no sales tax. Record the transactions in a general journal:

The following transactions took place at Fabulous Fashions Outlet during July 20x1 Fabulous Fashions Outlet uses a perpetual inventory system. The firm operates in a state with no sales tax 7 2 DATE TRANSACTIONS July 1 Purchased dresses for $4,200 plus a freight charge of $200 from Punky Fashions, Involce 101, dated July 1; the terms are 2/10, n/30 20 Sold two dresses on account to Alice Rivera, terms 1/10, n/30; issued Sales Slip 788 for $700. The cost of the dresses sold 5 was 1500. Received Credit Motorandum 210 for $650 from Funky Fashions for damaged dresses returned; the goods were purchased on Involce tot dated July 1. Accepted a return of a dress from Alce Rivera; the dress was originally sold on Sales silp 758 of July 5: Issued Credit hemorandum 69 for 1300. The cost of the returned dress was $240. Issued Check 1255 to pay the amount due to Funky Fashions for Invoice 101, dated July 1, less the return of July 7 and less 10 the cash discount. 15 Received payment from Alice Rivera for the sale of July 5. less the return of July and less the cash discount. Recorded soles on credit cards for the two week perfod ended July 15, $13,900; the bank Charges 3 percent fee on all credt 15 card sales. The cost of merchandise sold was $11,100. Purchased merchandise on account from American Rags for $3,000, subject to trade discounts of 4e percent and 10 percent, 17 terms 1/10, 1/30, Invoice 2078. 26 Paid wount owed to merican Hags for the purchase of July 17, less discount, Check 1285. Record the above transactions in a general Journal Analyze: What percentage of the total amount due to Funky Fashions for the purchase on July 1is due to the freight charge? 130 General Souma Ante Record the above transactions in a generat jumal (pound your answers to 2 decimal places) PR View transactions Defence Journal entry worksheet Record the sale of two dresses to Alice Rivera, Sales Slip 788; terms 1/10, n/30 y Note: Eriter dabits before credits General Journal Debit Credit Date July 5, 20X1 Record entry Clear estry View general Journal Analyze > View transaction list etence Journal entry worksheet 8 ... 12 Record the $560 cost of the dresses sold. Nota: Enter debits before credits General Journal Debit Credit Date July 5, 20x1 Record entry Clear entry View general journal lonel Analyze > Record the above transactions in a general journal. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 12 3 4 5 6 7 8 #### 12 Record the receipt of Credit Memorandum 210 for damaged dresses returned; the goods were originally purchased on Invoice 101 dated July 1. Note: Enter debits before credits Date General Journal Debit Credit July 7,20x1 Record entry Clear entry View general journal General Journal Analyze > View transaction list ences Journal entry worksheet WHERE Record the issue of Credit Memorandum 89 for $300 to Alice Rivera for a returned dress; the dress was originally sold on Sales Slip 788 dated July 5. Note: Enter debits before credits General Journal Debit Credit Date July 9, 20X1 Record entry Clear entry View (ponor al journal General Joumal Analyze > Record the above transactions in a general journal. (Round your answers to 2 decimal places.) Print View transaction list ferences Journal entry worksheet Record the $240 cost of the dress returned. Nota: Enter debits before credits Date General Journal Debit Credit July 9, 20X1 Record entry Clear entry View general journal Liello Analyze > Record the above transactions in a general journal. (Round your answers to 2 decimal places.) int View transaction list tences Journal entry worksheet 1 2 3 4 5 6 7 B 12 *** > Record the payment of amount due on Invoice 101 to Funky Fashion after receipt of Credit Memo 210, Check 1255. Note: Enter debits before credits General Journal Debit Credit Date July 10, 20x1 Record entry Clear entry View general journal General Analyze > View transaction list Journal entry worksheet Record the receipt of amount due from Alice Rivera for sale of July 5, less return of July 9 and less cash discount. Note: Enter debits before credits. General Journal Debit Credit Date July 15, 20X1 Record entry Clear entry View general journal General Jamal Analyze > nces Journal entry worksheet Journal entry worksheet HERRE ... Record the cost of merchandise for the credit card sales. Note: Enter debits before credits Date General Journal Debit Credit July 15, 20X1 Record entry Clear entry View general journal Goveralloumal Analyze View transaction list Journal entry worksheet ... Record the purchase of merchandise on account, Invoice 2078, terms 1/10, 1/30 Note: Enter debits before credits. General Journal Debit Credit Date July 17,20x1 Record entry Clear entry View general Journal View transaction list etences Journal entry worksheet Record the payment of amount due on Invoice 2078, Check 1285. Note: Enter debits before credits General Journal Dehit Credit Date July 26, 20X1 Record entry Clear entry View general journal General Journal Analyze >

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