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Sunshine Departmental Store accepts both its own and national credit cards. During the year, the following selected summary transactions occurred (NT$ in thousands). Transaction Date

Sunshine Departmental Store accepts both its own and national credit cards. During the year, the following selected summary transactions occurred (NT$ in thousands).

Transaction

Date

May 15

Made Sunshine credit card sales totalling NT$15,000. (There were no balances prior to May 15.)

May 20

July 10

July 15

Made Visa credit card sales (service charge fee 2%) totaling T$3,700.

Collected NT$8,400 on Sunshine credit card sales.

Added finance charges of 1.5% to Sunshine credit card account balances

REQUIRED:

Journalize the transactions for Sunshine Departmental Store.

image text in transcribed
Sunshine Departmental Store accepts both its own and national credit cards. During the vear, the following selected summary transactions occurred (NT\$ in thousands). REQUIRED: Journalize the transactions for Sunshine Departmental Store

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