Question

Blue Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred.

Made Blue credit card sales totaling $20,800. (There were no balances prior to January 15.)
Made Visa credit card sales (service charge fee 2%) totaling $5,400.
Collected $11,800 on Blue credit card sales.
Added finance charges of 1.5% to Blue credit card account balances.
Jan. 15
20
Feb. 10
15
Journalize the transactions for Blue Stores. (Credit account titles are automatically indented when amount is entered. Do not indent
manually. Record journal entries in the order presented in the problem.)
Account Titles and Explanation
Date
Debit
Credit
www
I

Answer 1

yes

Step-by-step explanation:

yes cause everyone uses the journal