Topeka Stores accepts both its own and national credit cards. During the year the following selected summary transactions occurred. Jan. 15 Made T...

Topeka Stores accepts both its own and national credit cards. During the year the following selected summary transactions occurred. Jan. 15 Made T...

Q:


Topeka Stores accepts both its own and national credit cards. During the year the following selected summary transactions occurred.

Jan. 15 Made Topeka credit card sales totaling $18,000. (There were no balances prior to January 15.)

20 Made Visa credit card sales (service charge fee 2%) totaling $4,300.

Feb. 10 Collected $10,000 on Topeka credit card sales.

15 Added finance charges of 1% to Topeka credit card balance.

Journalize the transactions for Topeka Stores.





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