Journal entry worksheet

$1$

Messing Company has an agreement with a third$-$party credit card company, which calls for cash to be received immediately upon deposit of customers' credit card sales receipts. The credit card company receives $3\mathrm{.}5$ percent of card sales as its fee. Messing has $$4,000$ in credit card sales on January $1.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $0,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$