On July 15th, TechCom has $750 of credit card sales with a 3.5% fee, and it received immediate payment on deposit from the credit card company. Record the journal entry for the transaction below:

Accounts	Debit	Credit
[ Select ] ["Cash", "Sales Revenue", "Accounts Payable", "Cost of Goods Sold"]	[ Select ] ["750", "650", "723.75", "26.25"]
[ Select ] ["Sales Revenue", "Accounts Payable", "Credit Card Fee Expense", "Accounts Receivable"]	[ Select ] ["26.25", "723.75", "650", "750"]
[ Select ] ["Accounts Receivable", "Accounts Payable", "Sales Revenue", "Cash"]		[ Select ] ["650", "723.75", "26.25", "750"]

2.

Miller Co uses the allowance method to account for bad debt. On February 2, the company wrote off $500 account belonging the customer (LBJ Co.). On March 1, the company was able to recover the amount from the customer. Record the transactions on Feb. 2 and March 1.

February 2:

Accounts	Debit	Credit
[ Select ] ["Bad Debt Expense", "Allowance for Doubtful Accounts", "Accounts Payable", "Accounts Receivable -- LBJ Co."]	500
[ Select ] ["Accounts Receivable -- LBJ Co.", "Allowance for Doubtful Accounts", "Cash", "Accounts Receivable -- LBJ Co.", "Cash", "Bad Debt Expense"]		500

March 1:

Accounts	Debit	Credit
[ Select ] ["Accounts Receivable -- LBJ Co.", "Bad Debt Expense", "Accounts Payable", "Allowance for Doubtful Accounts"]	500
[ Select ] ["Allowance for Doubtful Accounts", "Cash", "Bad Debt Expense", "Accounts Receivable -- LBJ Co."]		500
[ Select ] ["Accounts Receivable -- LBJ Co.", "Bad Debt Expense", "Cash", "Allowance for Doubtful Accounts"]	500
[ Select ] ["Cash", "Accounts Receivable -- LBJ Co.", "Allowance for Doubtful Accounts", "Bad Debt Expense"]		500