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please, don't cut off some of the answers. thanks. Prepare Journal entries for the following credit card sales transactions (the company uses the perpetual Inventory
please, don't cut off some of the answers.thanks.
Prepare Journal entries for the following credit card sales transactions (the company uses the perpetual Inventory system). 1. Sold $37,000 of merchandise, which cost $28,600, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $6,700 of merchandise, which cost $3,850, on an assortment of bank credit cards. These cards charge a 4% fee. View transaction list Journal entry worksheet 1 2 3 4 Sold $37,000 of merchandise on Mastercard credit cards. Mastercard charges a 5% fee Note Enter debits before credit Transaction 1. General Journal Debit Credit Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold $37.000 of merchandise, which cost $28,600, on Mastercard credit cards, Mastercard charges a 5% fee. 2. Sold $6.700 of merchandise, which cost $3,850, on an assortment of bank credit cards. These cards charge a 4% fee. View transaction list Journal entry worksheet
thanks.
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