prepare journal entries for the following credit card sales transaction (The company uses the perpetual inventory system.)

1. sold $24,000 of merchandise which cost $18,200, on MasterCard credit card. MasterCard charges a 5% fee

Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold $24,000 of merchandise, which cost $18,200, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $5.400 of merchandise, which cost $3.200, on an assortment of bank credit cards. These cards charge a 4% fee. Journal entry worksheet Sold $24,000 of merchandise on Mastercard credit cards. Mastercard charges a 5% fee. Note: Enter debits before credits. Journal entry worksheet Journal entry worksheet Sold $5,400 of merchandise on an assortment of bank credit cards. These cards charge a 4% fee. Note: Enter debits before credits. Journal entry worksheet