Retum to course # My Subscriptions ROLANDO HER Finish attempt Question 2 Net correc Marked out of 66.00 P Rag question Credit Card Sales Captain Paul's Marina sells boats and other water recreational vehicles (approximately three vehicles are sold each week). The following transactions occurred during the third week of May May 15 Sold a boat trailer to Sam and Myrna Marston, who paid with a personal check 3780 (3520 COSE May 16 Sold a boat to Calumet Lake Patrol on account, with 20.3 credit terms for $13,000 $8.450 cost) May 18 Sold a water scooter to Kyle Bronson, totaling $1.500 1910 cost who used the United Merchants Card to change the cost of the water scooter, Captain Pads maled the credit card sales slip to United Merchants the same day United Merchants will send a check within seven days after deducting a 2 May 19 Sold a fishing boat to Michael Ferguson, who used their Great American Bank Card to pay for the boat. Captain Paul's deposited the credit card sales slip the same day and received immediate credit in the company's checking account $6.500 (53,200 C The bank charged a 2 fe. The boat was sold for May 20 Received payment from Calumet Lake Patrol for its May 16 purchase May 21 Received a check from United Merchants for the May 18 transaction. Required Prepare journal entries to record these transactions. Captain Paul's Marina uses the perpetual inventory system General Journal Date Description Debit Credit May 15 + To record cash sales May 15