2 10 points On January 15, Tundra Co. sold merchandise to customers for cash of $50,000...
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2 10 points On January 15, Tundra Co. sold merchandise to customers for cash of $50,000 (cost $34,100) Merchandise costing $12,900 was sold to customers for $19,000 on January 17; terms 2/10, n/30. Sales totalling $364,000 (cost $246.000) were recorded on January 20 to customers using MasterCard: assume the credit card charges a 2% fee. On January 25, sales of $89.600 (cost $60,200) 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. Book View transaction list P Journal entry worksheet < References 2 3 6 7 8 Record the sale of merchandise to cash customers. Mua Car debts before res Date Jan15 General Journal Debit Credit Record enky Clear entry View gal joul 2 10 points On January 15, Tundra Co. sold merchandise to customers for cash of $50,000 (cost $34,100) Merchandise costing $12,900 was sold to customers for $19,000 on January 17; terms 2/10, n/30. Sales totalling $364,000 (cost $246.000) were recorded on January 20 to customers using MasterCard: assume the credit card charges a 2% fee. On January 25, sales of $89.600 (cost $60,200) 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. Book View transaction list P Journal entry worksheet < References 2 3 6 7 8 Record the sale of merchandise to cash customers. Mua Car debts before res Date Jan15 General Journal Debit Credit Record enky Clear entry View gal joul
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