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Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system), 1. Sold $36,000 of merchandise, which cost $27,800,

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Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system), 1. Sold $36,000 of merchandise, which cost $27,800, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $6,600 of merchandise, which cost $3,800, on an assortment of bank credit cards. These cards charge a 4% tee. View transaction list Journal entry worksheet 1 2 3 4 Sold $36,000 of merchandise on Mastercard credit cards. Mastercard charges a 5% fee. Tiate Enter debts before credits General Journal Credit Record entry Clear entry View general journal Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sald $36,000 of merchandise, which cost $27,800, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $6,600 of merchandise, which cost $3,800, on an assortment of bank credit cards. These cards charge a 4% fee. View transaction list Journal entry worksheet

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