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  3. 1. sold $20,000 of merchandise, which cost $15,000

1. Sold $20,000 of merchandise, which cost $15,000, on Mastercard credit cards, Mastercard charges a...

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Accounting

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1. Sold $20,000 of merchandise, which cost $15,000, on Mastercard credit cards, Mastercard charges a 5% fee. 2. Sold $5,000 of merchandise, which cost $3,000, on an assortment of bank credit cards. These cards charge a 4% fee. View transaction list Journal entry worksheet 1 2 3 4 Sold $20,000 of merchandise on Mastercard credit cards, Mastercard charges a 5% fee. aces Note: Enter debits before credits General Journal Debit Credit Transaction 1-a. Record entry Clear entry View general Journal

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