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The Bedroom Store accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, The Bedroom Store receives an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a 4% fee. With the United Merchants Card, The Bedroom Store mails the credit card sales slips to United Merchants' regional processing center each day. United Merchants accumulates these slips for three days and then mails a check to The Bedroom Store, after deducting a 3% fee. Prepare journal entries to record the following: a. Sales for March 15 were as follows: Cash and checks Great American Bank Card (Deposited at the end of th United Merchants Card (Mailed at the end of the day) b. Received a check from United Merchants on March Deb General Journal Date Description Mar.15 Cash Accounts Receivable - United Merchants + To record cash and credit card sales. b. General Journal Description Date 1 The Bedroom Store accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, The Bedroom Store receives an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a 4% fee. With the United Merchants Card, The Bedroom Store mails the credit card sales slips to United Merchants' regional processing center each day. United Merchants accumulates these slips for three days and then mails a check to The Bedroom Store, after deducting a 3% fee. Prepare journal entries to record the following: a. Sales for March 15 were as follows: Cash and checks Great American Bank Card (Deposited at the end of th United Merchants Card (Mailed at the end of the day) b. Received a check from United Merchants on March Deb General Journal Date Description Mar.15 Cash Accounts Receivable - United Merchants + To record cash and credit card sales. b. General Journal Description Date 1