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Assignment 7-Ch 7 4 5 oints Saved Help Save & Exit Submit On January 15, Tundra Co. sold merchandise to customers for cash of
Assignment 7-Ch 7 4 5 oints Saved Help Save & Exit Submit On January 15, Tundra Co. sold merchandise to customers for cash of $37,000 (cost $25,200) Merchandise costing $9,400 was sold to customers for $14,000 on January 17, terms 2/10, n/30 Sales totalling $265,200 (cost $179,000) were recorded on January 20 to customers using MasterCard, assume the credit card charges a 2% fee. On January 25, sales of $65,200 (cost $43,800) 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). View transaction list PE 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
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