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a. Z-Mart uses the perpetual inventory system and has its own credit card. On April 30, Z-Mart sold merchandise for $1,000 (that had cost $650)

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a. Z-Mart uses the perpetual inventory system and has its own credit card. On April 30, Z-Mart sold merchandise for $1,000 (that had cost $650) and accepted the customer's Z-Mart store credit card. b. On May 3rd, the customer paid the balance in full Prepare the journal entries for the above two transactions. Remember journal entry formatting. See Class 17 Anchor Document. Date Account Debit Credit

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