Question: Current Attempt in Progress Concord Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred. Jan. 15

national credit cards. During the year, the following selected summary transactions occurred.

Current Attempt in Progress Concord Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred. Jan. 15 Made Concord credit card sales totaling $37,500. (There were no balances prior to January 15.) 20 Made Visa credit card sales (service charge fee 3%) totaling $4,900. Feb. 10 Collected $11,700 on Concord credit card sales. 15 Added finance charges of 2.5% to Concord credit card account balances. Journalize the transactions for Concord Stores. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit\f

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