Q1 A: Jervis accepts all major bank credit cards including those issued by Northern bank (NB), which assesses a 3% charge on sales for using its card and pays Jervis immediately. On June 28, Jervis had $3,500 in NB credit card sales. What entry should Jervis make on June on June 28 to record the deposit? Q1 B: ABC company had credit sales of $50,000 during the year. Based on experience over the last years, they estimate that $1,500 of it's accounts receivable will be uncollectible. Make the journal entry required by GAAP for bad debts at year end Q1 C: On December 31s BTO sel equipment that originally cost $20,000 and has total accumulated depreciation of $15,000. The cash sales price is $6,500. Record the sale with a journal entry. 01 D: On December 1,2015, a company borrows $5,000 from the bank at 10% interest for 60 days, Make the adjusting entry needed on December 31,2015 to record interest expense