Z-Mart uses the perpetual inventory system and allows customers to use the Z-Mart store credit card in charging purchases. Z-Mart assesses a per-month interest fee for any unpaid balance on its store credit card at each month-end.

Apr.		30		Z-Mart sold merchandise for $1,300 (that had cost $800) and accepted the customers Z-Mart store credit card.
May		31		Z-Mart recorded $7 of interest earned from its store credit card as of this month-end.

Prepare journal entries to record the above selected credit card transactions of Z-Mart.