Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts:

MasterCard	$756
Visa	486

The merchant's charges are 1.8% for MasterCard and 2.1% for Visa. Frank's also had cash sales of $375 and $700 of sales on credit to a local business.

Required:

Prepare a journal entry to record these sales. If an amount box does not require an entry, leave it blank. Round intermediate calculations and final answers to two decimal places, if required.

Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa. Frank's also had cash sales of $375 and $700 of sales on credit to a local business. Required: Prepare a journal entry to record these sales. If an amount box does not require an entry, leave it blank. Round intermediate calculations and final answers to two decimal places, if required. Cash Accounts Payable Service Charge Expense Sales Revenue Record sales