Journalize the following transactions for Sprunt Company. Assume the company uses a perpetual inventory system. Sold merchandise for $500 and accepted VISA as the form of payment. The cost of goods sold was $200. Paid credit card fees for the month, $130. (a) (b)

Journalize the following transactions for Sprunt Company. Assume the company uses a perpetual inventory system. (a) Sold merchandise for $500 and accepted VISA as the form of payment. The cost of goods sold was $200. (b) Paid credit card fees for the month, $130.