My Subscriptions LIWEI ZHANG (A la question eBook Print Vide Credit Card Sales Ruth Anne's Fabrics accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, Ruth Anne's Fabrics receives an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a three percent fee. With the United Merchants Card, Ruth Anne's Fabrics mails the credit card sales slips to United Merchants' regional processing center each day. United Merchants accumulates these slips for three days and then mails a check to Ruth Anne's Fabrics, after deducting a three percent fee. Prepare journal entries to record the following Round to the nearest dollar Sales for March 15 were as follow Cash checks Cat American acard Deped the end of the United Merchants Card M eat the end of the day! Seveda check for 1950 from United Merchants on March 20 Dute General Journal Description Credit Card Ebene To record cash and credit card sales General Journal Description Debit Credit