Acc557 Financial Accounting: E9-9(a) Topeka Stores accepts both its own and national credit cards

Acc557 Financial Accounting

E9-9 (a)
Topeka Stores accepts both its own and national credit cards. During the year the following selected summary transactions occurred.
Jan. 15 Made Topeka credit card sales totaling 18,000. (There were no balances prior to January 15.)
Jan. 20 Made Visa credit card sales (service charge fee 2%) totaling 4,300.
Feb. 10 Collected 10,000 on Topeka credit card sales.
Feb. 15 Added finance charges of 1% to Topeka credit card balance.

a. Journalize the transactions for Topeka Stores. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)
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