Exercise 2 -Your Co. accepts MasterCard & Visa which deduct a 3% fee on deposits. Visa & MC receipts are deposited the same day thev're charged. Your Co. also offers its own credit card to customers. It charges 15% Interest on unpaid balances after the first 30 days. 6/1 Performed $1000 of services for L Co. & received payment via Mastercard 6/2 -Performed $2000 of services for F Co. & received payment via Visa. 6/5 -Received $1500 via Mastercard from G Co. for work performed last month. 6/6 Performed $1800 of services for E Co. & received payment via Visa card. 6/8 -Performed $800 services for M Co. & charged their Your Co credit card