Question: please explain how to solve this question ! Presented below are two independent situations: 1. On March 15, 60 customers used debit cards to purchase


Presented below are two independent situations: 1. On March 15, 60 customers used debit cards to purchase merchandise for a total of $8,800.00 from Peari. Peari pays a $1.25 debit card fee for each transaction. 2. On June 21. Pronghorn Creations Gallery sells a painting to Sarah Allen for $3,500, Sarah uses her Visa bank credit card to pay for the purchase. The bank charges Pronghorn Creations a 4.0% fee for all credit card transactions, On July 17 , Sarah recelves her Visa bill and pays for this purchase. (a) Your answer is correct. Prepare Pearl's journal entries for the transactions in part (1). (Credit account titles are outomaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts. List all debit entries before credit entries.) 2 Your answer is partially correct. Prepare Pronghorn Creations' journal entries for the transactions in part (2). (Credit occount titles are automaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) ereier befor oeft entris) Attemete Jof Jused (b) a vour answer is partially correct
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