Question: View Policies Current Attempt in Progress Transactions follow for the Ivanhoe Sports Ltd. store and four of its customers in the company's first month of





View Policies Current Attempt in Progress Transactions follow for the Ivanhoe Sports Ltd. store and four of its customers in the company's first month of business: June Ben Kidd used his Ivanhoe Sports credit card to purchase $1,140 of merchandise. 3 6 Biljana Pavic used her MasterCard credit card to purchase $760 of merchandise. MasterCard charges a 2.5% service fee. 9 Nicole Montpetit purchased $418 of merchandise on account, terms 2/10, n/30. 19 Bonnie Cutcliffe used her debit card to purchase $229 of merchandise. There is a $0.50 service charge on all debit card transactions. 20 Ben Kidd made a $337 payment on his credit card account. 23 Nicole Montpetit purchased an additional $479 of merchandise on account, terms 2/10, n/30. 25 Nicole Montpetit paid the amount owing on her June 9 purchase. 30 Biljana Pavic used her MasterCard to purchase $480 of merchandise. MasterCard charges a 2.5% service fee. Record the above transactions. Ignore any inventory, cost of goods sold, and refund liability entries for the purposes of this question. (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 2 decimal places, e.g. 52.75. Record journal entries in the order presented in the problem.)II II June 6 June 19 I II I II [To record sale using credit card.) [To record sale using credit card.) I! [To record sale on account.) [To record sale using debit card.) [Collection on credit card sale.) [To record sale on account.) II [To record collection on account.) UH UH ii M ii M ii (To record collection on account.) June 30 V V V (To record sale using credit card.)
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