On April 2, Jennifer Elston uses her Target RedCard to purchase merchandise from a Target store for $1,600. On May 1, Elston is billed for the $1,600 amount due. Elston pays $700 on the balance due on May 3. Elston receives a bill dated June 1 for the amount due, including interest at 3.0\% per month on the unpaid balance as of May 3. Prepare the entries on Target's books related to the transactions that occurred on April 2, May 3, and June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) On July 4, Spangler's Restaurant accepts a Visa card for a $400 dinner bill. Visa charges a 4% service fee. Prepare the entry on Spangler's books related to this transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)