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Problem 4 - Credit Card/ Debit Card Transactions Marconi Company has an Interac machine that...

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Problem 4 - Credit Card/ Debit Card Transactions Marconi Company has an Interac machine that enables the company to accept credit cards and debit cards. The company records credit card and debit card sales on a weekly basis by journal entry. a) During the week ended Friday, November 23, the company had visa credit card sales of $26,450. The company pays a 3.5% discount on these sales. Record the journal entry to reflect these sales. b) During the week ended Friday, November 23, the company had debit card sales of $35,550. The company pays a $.21 per debit card transaction. During the month, the company had 550 debit card transactions. Record the journal entry to reflect these sales

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