VERY URGENT PLEASE

The following selected transactions relate to Slim Company.

Mar. 1 Made Visa credit card sales totaling $6,200. A 2.5% service fee is charged by Visa.

Mar. 2 Accepted JIM Companys $30,000, 6-month, 10% note for balance due.

Mar. 3 Sold $40,500 of goods to Salem Company, terms 2/10, n/30.

Mar.11 Received payment in full from Salem Company for balance due on existing accounts receivable.

Mar.13 Made Slim Company credit card sales for $16,200.

Mar.15 Sold accounts receivable of $9,040 to Hashim Company. Hashim Company assesses a service charge of 2.01% of the amount of receivables sold.

Mar.16 Received collections of $10,500 on Slim Company credit card sales and added finance charges of 2.01% to the remaining balances.

Instructions: Prepare the journal entries for the transactions. (Ignore entries for the cost of goods sold.)