On January 15, Tundra Co. sold merchandise to customers for cash of $40,000 (cost $27,300). Merchandise costing $10,300 to customers for $15,200 on January 17; terms 2/10, n/30. Sales totalling $290,700 (cost $197,000) were recorded on Januar customers using MasterCard; assume the credit card charges a 2% fee. On January 25, sales of $71,800 (cost $48,300) wer 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. 8 Record the cost of sales. Note : = journal entry has been entered On January 15, Tundra Co. sold merchandise to customers for cash of $40,000 (cost $27,300). Merchandise costing $10,30 to customers for $15,200 on January 17; terms 2/10, n/30. Sales totalling $290,700 (cost $197,000) were recorded on Janua customers using MasterCard; assume the credit card charges a 2% fee. On January 25, sales of $71,800 (cost $48,300) wer 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 No Date General Journal Debit Credit 1 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