Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold $24,000 of merchandise, that cost $18,200, on MasterCard credit cards. MasterCard charges a 5% fee. 2. Sold $5,400 of merchandise, that cost $3,200, on an assortment of bank credit cards. These cards charge a 4% fee. View transaction list Journal entry worksheet 2 3 4 Sold $24,000 of merchandise on MasterCard credit cards, MasterCard charges a 5% fee. Note: Enter debits before credits Transaction General Journal Debit Credit Journal entry worksheet