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Z-Mart uses the perpetual Inventory system and has its own credit card. Z-Mart charges a per-month interest fee for any unpaid balance on its store

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Z-Mart uses the perpetual Inventory system and has its own credit card. Z-Mart charges a per-month interest fee for any unpaid balance on its store credit card at each month-end 10 points Apr. 30 Z-Mart sold merchandise for $2.890 (that had cost $1,550) and accepted the customer's Z-Mart store credit card May 31 Z-Mart recorded $3 of interest earned from its store credit card as of this month-end. Prepare journal entries to record the above credit card transactions of Z-Mart. eBook View transaction list Hint Journal entry worksheet 2 3 > References Z-Mart sold merchandise for $2,800 and accepted the customer's Z-Mart store credit card. Note: Enter debits before credits Date General Joumal Debit Credit Apr 30 Recerd entry Clear entry View general Journal

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