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in proper format and posting Sunland Garage Co. accepts the following forms of payment: Visa, MasterCard, the Sunland Garage Co. credit card, and debit. Sunland

in proper format and posting
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Sunland Garage Co. accepts the following forms of payment: Visa, MasterCard, the Sunland Garage Co. credit card, and debit. Sunland is charged 3.50% for all bank credit card transactions and $0.50 per transaction for all debit card transactions. Sunland charges 14.25%interest on balances owing on the Sunland Garage Co. credit card. In October and November 2021, the following summary transactions occurred (note: there is no right of return for the sale of services; therefore, a refund liability entry is not necessary in this question):
Oct. 15 Performed services totalling $15,200 for customers who used the Sunland Garage Co. credit card for payment.
20 Performed services totalling $7,800 to customers who used Visa credit cards.
30. Performed services totalling $1,900 on account, terms, n/30.
31. Performed services totalling $5,200 for customers who used debit cards (100 transactions).
Nov. 15 Collected amounts owing from October 15 transactions.
Sunland Garage Co, accepts the following forms of payment: Visa, MasterCard, the Sunland Garage Co. credit card, and debit. Sunland is charged 3.50% for all bank credit card transactions and $0.50 per transaction for all debit card transactions. Sunland charges 14.25% interest on balances owing on the Sunland Garage Co. credit card. In October and November 2021, the following summary transactions occurred (note: there is no right of return for the sale of services; therefore, a refund liability entry is not necessary in this question) Oct 15 Performed services totalling $15.200 for customers who used the Sunland Garape Co. credit card for payment. 20 Performed services totalling $7,800 to customers who used Visa credit cards. 30 Performed services totalling $1,900 on account, terms, n/30, 31 Performed services totalling $5.200 for customers who used debit cards (100 transactions). Nov. 15 Collected amounts owing from October 15 tramactions Your answer is partially correct.. Record the above transactions for Sunland Garage Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. Round answers to O decimal places, eg 2,275. Record journal entries in the order presented in the problem) Credit Date Debit Account Titles and Explanation Oct. 15 Credit Cant Receivable 15200 Show Al Date Oct 15 Oct. 20 Oct. 30 Account Titles and Explanation Credit Card Receivable Service Revenue (To record service revenue using credit card) Credit Card Receivable Notes Receivable Service Revenue (To record service revenue using credit card.) Accounts Receivable Service Revenue (To record revenue for services performed.) Dements Bargahla Debit 15200 7527 III 111 273 1900 Credit Eten 15200 7800 1900 Oct 30 v Accounts Receivable Service Revenue (To record revenue for services performed.) Oct. 31 Accounts Receivable Notes Receivable Service Revenue (To record service revenue using debit card) Cash Credit Card Receivable (Collection of credit card receivable.) Nov 15 1900 5150 50 14668 1900 5200 14668 Service Revenue Total Operatine Expenses Rent Expense Supplies Expense Salaries Expense Credit Card Expense Debit Card Expense Total Operating Expenses Profit/(Loss) SUNLAND GARAGE CO. Income Statement Two Months Ended November 30, 2021 4500 600 6000 805 50 30100 11955 18145

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