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Record the journal entry for the day sales

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Question - Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction, they pay $0.15. For credit cards, they pay 4.0% of the total of credit card transactions. On November 6, 2019, Ben compiled the following summary for the work day.

Total of Cash$720 and number of transaction is 35

Total of Debit Card$4330 and number of transaction is 122

Total of Credit Card$2400 and number of transaction is 65

a) Record the journal entry for the day's sales ignoring cost of goods sold.

b) Prepare cash, Debit/ Credit Card Expense, and sales Revenue?

Reference no: EM132905899

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