View Policies Current Attempt in Progress Presented below are three independent situations. 1. On March 15, 40 customers used debit cards to purchase merchandise for a total of $8,800 from Sheridan Town. Sheridan Town pays a $1.10 debit card fee for each transaction. 2. 3. On June 21, Concord Creations Gallery sells a painting to Constance Furrow for $2,700. Constance uses her Visa bank credit: card to pay for the purchase. The bank charges Concord Creations a 5% fee for all credit card transactions. On July 17, Constance receives her Visa bill and pays for this purchase. On October 7, A. Ramos uses his store credit card to purchase merchandise from The Skysong for $640. On November 10, Ramos receives his credit card bill from The Skysong and pays for this purchase. Prepare Sheridan Town's journal entries for the transactions in part (1). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, eg 5,275. List all debit entries before credit entries.)