Credit Card Sales Jamie's Fabrics accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, Jamie's Fabrics receives an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a three percent fee. With the United Merchants Card, Jamie's Fabrics mails the credit card sales slips to United Merchants' regional processing center each day. United Merchants accumulates these slips for two days and then mails a check to Jamie's Fabrics, after deducting a three percent fee. Prepare journal entries to record the following: Round to the nearest dollar. a. Sales for March 15 were as follows: Cash and checks $950 Great American Bank Card (Deposited at the end of the day) 1,200 United Merchants Card (Mailed at the end of the day) 700 $2,850 b. Received a check for $1,900 from United Merchants on March 20. General Journal Date Description Debit Credit Mar.15 Cash 0 x 0 Accounts Receivable United 0 x 0 Credit Card Fee Expense 0 x 0 Sales Revenue 0 0 x To record cash and credit card sales. b. General Journal Description Debit Date Credit Mar.20 Cash 0 x 0 Accounts Receivable United 0V 0 x To record receipt of check from United Merchants