On January 15, Tundra Co. sold merchandise to customers for cash of $43,000 (cost $29,200). Merchandise costing $10,800 was sold to customers for $16,200 on January 17; terms 2/10, n/30. Sales totalling $304,500 (cost $204,000) were recorded on January 20 to customers using MasterCard; assume the credit card charges a 2% fee. On January 25, sales of $74,200 (cost $49,700) were made to debit card customers. The bank charges Tundra a flat fee of 0.5% on all debit card transactions. Required: Prepare journal entries for each of the transactions described (assume a perpetual inventory system). View transaction list View journal entry worksheet x X Debit Credit Record the sale of merchandise to cash customers. Record the cost of sales. Record the sale of merchandise on terms 2/10, n/30. Record the cost of sales. Record the sale of merchandise less credit card expense. Record the cost of sales. Record the sale of merchandise less debit card expense. 8 Record the cost of sales. Note : = journal entry has been entered On January 15, Tundra Co. sold merchandise to customers for cash of $43,000 (cost $29200). Merchandise costing $10,800 was sold to customers for $16,200 on January 17: terms 2/10,n/30. Sales totalling $304,500 (cost $204.000) were recorded on January 20 to customers using MasterCard, assume the credit card charges a 2% fee On January 25, sales of $74.200 (cost $49.700) were made to debit card customers. The bank charges Tundra a flat fee of 0.5% on all debit card transactions. Required: Prepare journal entries for each of the transactions described (assume a perpetual inventory system). View transaction list View journal entry worksheet General Journal Debit Credit No 1 Date Jan 15 No Transaction Recorded 2 Jan 15 No Transaction Recorded 3 Jan 17 No Transaction Recorded 4 Jan 17 No Transaction Recorded 5 Jan 20 No Transaction Recorded 6 Jan 20 No Transaction Recorded 7 Jan 25 No Transaction Recorded 8 Jan 25 No Transaction Recorded