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 0.5% on all debit card transactions. Required: Prepare journal entries for each of the transactions described (assume a perpetual inventory system). View transaction list 1 Record the sale of merchandise to cash customers. 2 Record the cost of sales. 3 Record the sale of merchandise on terms 2/10, n/30. 4 Record the cost of sales, 5 Record the sale of merchandise less credit card expense. Credit 6 Record the cost of sales. 7 Record the sale of merchandise less debit card expense. Record the cost of sales. 8 Note: journal entry has been entered