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E8.3 (LO 1, 4) AP Video Casa Garage Co. accepts the following forms of payment: Visa, Mastercard, the Casa Garage Co. credit card, and debit.

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E8.3 (LO 1, 4) AP Video Casa Garage Co. accepts the following forms of payment: Visa, Mastercard, the Casa Garage Co. credit card, and debit. Casa is charged 3-5% for all bank credit card transactions and $0.50 per transaction for all debit card transactions. Casa charges 14.25% interest on balances owing on the Casa Garage Co. credit card. In October and November 2021, the following summary transactions occurred: Record sales transactions and indicate statement presentation. Oct. Performed services totalling $15,000 for customers who used the Casa Garage Co. credit 15 card for payment. 20 Performed services totalling $7,500 to customers who used Visa credit cards. 30 Performed services totalling $2,000 on account, terms, n/30. 31 Performed services totalling $5,000 for customers who used debit cards (100 transactions) Nov. Collected amounts owing from October 15 transactions. 15 Instructions a. Record the above transactions for Casa Garage Co. Round amounts to the nearest dollar. b. In addition to these transactions, Casa had rent expense of $4,000, supplies expense of $500, and salaries expense of $5,000 for the months of October and November. Prepare a single- step income statement for Casa Garage Co. for the two months ended November 30. (Round all amounts to the nearest dollar). TO

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