(a) Your answer is partially correct. Try again. On April 2, Jennifer Elston uses her JCPenney Company credit card to purchase merchandise from a JCPenney store for $1,000. On May 1, Elston is billed for the $1,000 amount due. Elston pays $700 on the balance due on May 3. On June 1, Elston receives a bill for the amount due, including interest at 3.0% per month on the unpaid balance as of May 3. Prepare the entries on JCPenney Co.'s books related to the transactions that occurred on April 2, May 3, and June 1. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Apr. 2 TAccounts Receivable De 1,000 Sales Revenue 1,000 2 May May 3 Cash P | Accounts Receivable 700 > June 1 TAccounts Receivable Interest Revenue | Attamante, atuncad SAVE FOR LATER SURMIT