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15 4 points Saved On January 15, Tundra Co. sold merchandise to customers for cash of $39,000 (cost $26,600). Merchandise costing $10,000 was sold
15 4 points Saved On January 15, Tundra Co. sold merchandise to customers for cash of $39,000 (cost $26,600). Merchandise costing $10,000 was sold to customers for $14,800 on January 17; terms 2/10, n/30. Sales totalling $282,200 (cost $191,000) were recorded on January 20 to customers using MasterCard; assume the credit card charges a 2% fee. On January 25, sales of $69,600 (cost $46,800) 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). Print View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the sale of merchandise to cash customers. Note: Enter debits before credits. Date Jan 15 General Journal Debit Credit Help S
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