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Presented below are two independent situations. On March 1 5 , 8 0 customers used debit cards to purchase merchandise for a total of $

Presented below are two independent situations.
On March 15,80 customers used debit cards to purchase merchandise for a total of $8,300.00 from Novak. Novak pays a $1.25 debit card fee for each transaction.
On June 21, Sweet Acacia Creations Gallery sells a painting to Margaret Moore for $2,600. Margaret uses her Visa bank credit card to pay for the purchase. The bank charges Sweet Acacia Creations a 3.0% fee for all credit card transactions. On July 17, Margaret receives her Visa bill and pays for this purchase.
(a)
Your answer is correct.
Prepare Novak's journal entries for the transactions in part (1).(Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
\table[[Date,Account Titles,Debit,Credit],[Mar.15vv,Cash,8200,],[,Debit Card Expense,,],[,Sales,,]]
eTextbook and Media
List of Accounts
Attempts: 1 of 3 used
(b)
Prepare Sweet Acacia Creations' journal entries for the transactions in part (2).(Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)
\table[[Date,Account Titles,Debit,Credit]]
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