On January $15,$ Tundra Co$.$ sold merchandise to customers for cash of $$52,000($cost $$35,500).$ Merchandise costing $$13,500$ was sold

to customers for $$19,800$ on January $17$; terms $2/10,$ n$/30.$ Sales totalling $$381,000($cost $$258,000)$ were recorded on January $20$ to

customers using MasterCard; assume the credit card charges a $2\%$ fee. On January $25,$ sales of $$94,000($cost $$63,200)$ were made to

debit card customers. The bank charges Tundra a flat fee of $0\mathrm{.}5\%$ on all debit card transactions.

Required:

Prepare journal entries for each of the transactions described $($assume a perpetual inventory system$).$

Journal entry worksheet

Record the sale of merchandise to cash customers.

Note: Enter debits before credits.