During the first day of February, Peter's Burger Palace had 109 sales transactions. Of these, 62 sales totalling $3,200 were made to customers using debit cards, 43 sales totalling $3,800 were made to customers using credit cards, while the remaining sales were collected by receiving $542 cash. The bank charges a fee of 2% of credit card sales and $0.15 to process each debit card transaction.

Instructions

Record the journal entries that the company will make pertaining to the above transactions.