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15 1 On January 15, Tundra Co, sold merchandise to customers for cash of $36,000 (cost $24,500) Merchandise costing $9.100 was sold to customers
15 1 On January 15, Tundra Co, sold merchandise to customers for cash of $36,000 (cost $24,500) Merchandise costing $9.100 was sold to customers for $13.600 on January 17, terms 2/10, n/30. Sales totalling $256,700 (cost $173.000) were recorded on January 20 to 1 customers using MasterCard, assume the credit card charges a 2% fee. On January 25, sales of $63.000 (cost $42.300) were made to debit card customers. The bank charges Tundra a flat fee of 0.5% on all debit card transactions. Required: Prepare journal entries for each of the transactions described (assume a perpetual inventory system Journal entry worksheet Bale Jan 15 Clear try 7 Deb Cred
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