Check my work QS 7-1 Credit card sales LO C1 Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). Sold S 26,000 of merchandise, that cost $19,800, on MasterCard credit cards, MasterCard charges a 5% fee. 2 sold $5,600 of merchandise, that cost $3,300, on an assortment of bank credit cards. These cards charge a 4% fee. Journal entry worksheet Sold $26,000 of merchandise on MasterCard credit cards. MasterCard charges Prey 1 of 1311 Next >