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Credit Card Sales The Green Roof accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, The

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Credit Card Sales The Green Roof accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, The Green Roof receives an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a two percent fee. With the United Merchants Card, The Green Roof mails the credit card sales slips to United Merchants' regional processing center each day. United Merchants accumulates these slips for three days and then mails a check to The Green Roof, after deducting a two percent fee. Prepare journal entries to record the following

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