Compton Company allows customers to use two alternative credit cards in charging purchases. With the First Net Bank Card, Compton receives an immediate credit upon depositing sales receipts in its checking account. First Net Bank makes a 3\% service charge for credit card sales. The second credit card Compton accepts is American Card. Compton sends the accumulated American Card receipts to the American Company on a weekly basis and is paid by American Company approximately 10 days later. American charges \(3.5 \%\) of sales for using its card. Prepare entries in general journal form to record the following credit card transactions of Compton Company:

Oct. 1 Sold merchandise for \(\$ 3,500\) on this day, accepting the customers' First Net Bank Card. At the end of the day, the First Net Bank Card receipts were deposited in the company's account at the bank.

Oct. 2 Sold merchandise for \(\$ 225\), accepting the customer's American Card.
7 Mailed \(\$ 6,000\) of credit card receipts to American Company, requesting payment.
19 Received American Company's check for the October 7 billing, less the normal service charge.