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Question(s) / Instruction(s):

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.)

                20           Made Visa credit card sales (service charge fee 2%) totaling $4,300.

Feb.       10           Collected $10,000 on Topeka credit card sales.

                15           Added finance charges of 1% to Topeka credit card balance.

Journalize the transactions for Topeka Stores.

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