Question: this should have the updated information Using the perpetual Inventory system, joumalize the entries for the following selected transactions Sold merchandise on account, for $12,000,

 this should have the updated information Using the perpetual Inventory system,
this should have the updated information joumalize the entries for the following selected transactions Sold merchandise on account,

Using the perpetual Inventory system, joumalize the entries for the following selected transactions Sold merchandise on account, for $12,000, terms 1/30. The cost of the merchandise sold was $6,500. Sold merchandise to customers who used MasterCard and VISA, $9,500. The cost of the merchandise sold we Sold merchandise to customers who used American Express, $2,900. The cost of the merchandise sold was Pald an invoice from First National Bank for $385, representing a service fee for processing MasterCard and Pald a $75 processing fee associated with sales made to customers who used American Express. (a) Donna perpetual Inventory system, joumalize the entries for the following selected transactions: Sold merchandise on account, for $12,000, terms n/30. The cost of the merchandise sold was $6,500. Sold merchandise to customers who used MasterCard and VISA, $9,500. The cost of the merchandise sold was $5,300. Sold merchandise to customers who used American Express, $2,900. The cost of the merchandise sold was $1,700. Paid an invoice from First National Bank for $385, representing a service fee for processing MasterCard and VISA sales. Paid a $75 processing fee associated with sales made to customers who used American Express. O O O O O O All work saved

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