RECOMMENDED!!ECON 1031-On march 15, 40 customers used debit cards to

  

Presented below are three independent situation. Prepare entries for debit and credit card salesa) On march 15, 40 customers used debit cards to purchase merchandise for a total of $8,740 from Hockey Town. Hockey Town pays a $1.35 debit card fee for each transaction.b) On June 21, Circle Creations Gallery sells a painting to Constance Furrow for $1,960. Constance uses her visa bank credit card to pay for the purchase. The bank charges Circle Creations a 4% for all credit card transactions. On July 17, Constance receives her Visa bill and pays for this purchase. Round to the nearest dollar.c) On October 7, A. Ramos uses his store credit card to purchase merchandise for The Bay for $550. On November 10, Ramos recives hid credit card bill from The Bay and pays for this purchase.

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