Round to the nearest dollar.

Credit Card Sales Ruth Anne's Fabrics accepts cash, personal checks, and two credit cards when customers buy merchandise. With the Great American Bank Card, Ruth Anne's Fabrics receives an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a 4% fee. With the United Merchants Card, Ruth Anne's Fabrics mails the credit card sales slips to United Merchants' regional processing center each day. United Merchants accumulates these slips for three days and then mails a check to Ruth Anne's Fabrics, after deducting a 3% fee. Prepare journal entries to record the following: Round to the nearest dollar. a. Sales for March 15 were as follows: Cash and checks Great American Bank Card (Deposited at the end of the day) United Merchants Card (Mailed at the end of the day) b. a. Received a check from United Merchants on March 20 for: Date Mar. 15 Cash General Journal Description $1 ,250 1 ,500 1,100 $3,850 $4,480 Debit 1 ,250 o 104 Debit o Credit b. Date Accounts Receivable - United Merchants Credit Card Fee Expense Sales Revenue To record cash and credit card sales. General Journal Description x x x x x o x Credit x Mar.20 Credit Card Fee Expense Credit Card Fee Expense To record receipt of check from United Merchants. Check