Question 13 of 13 -/1 e The following are two independent situations. (a) On April 2, Candice Elston uses her JCPenney credit card to purchase merchandise from a JCPenney store for $1,300. On May 1, Elston is billed for the $1,300 amount due. Elston pays $500 on the balance due on May 3. Elston receives a bill dated June 1 for the amount due, including interest at 3% per month on the unpaid balance as of May 3. Prepare the entries on JCPenney Co.s books related to the transactions that occurred on April 2, May 3, and June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit (b) On July 4, Monty Restaurant accepts a Visa card for a $500 dinner bill. Visa charges a 4% service fee. Prepare the entry on Monty books related to this transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit