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Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction,

Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction, they pay $0.35. For credit cards, they pay 1.0% of the total of credit card transactions. On May 19, 2019, Ben compiled the following summary for the work day.

Transaction Type Total Number of Transactions
Cash $710 33
Debit Card $4400 116
Credit Card $2500 70

a) Calculate the total debit/credit card expense for May 19.

Total Debit/Credit Card Expense = $Answer

b) Record the journal entry for the day's sales ignoring cost of goods sold.

For transactions with more than one debit, enter the debit accounts in alphabetical order.

Date Account Title and Explanation Debit Credit
2019
May 19 Answer
Answer
Answer
To record day's sales

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