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Journalize the following transactions for Stillwater Spa Consultants: (If no entry is required for a transaction/event,...

Journalize the following transactions for Stillwater Spa Consultants: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Oct. 1 Sold services for $90,000 to customers using debit cards. Assume the bank charges 0.5% for all debit card transactions. 7 Sold services to customers for $11,000 cash. 8 Recorded Visa credit card sales totalling $52,000. Visa applies fees of 2%. 10 Sold $38,000 of services to Edson Community Health Clinic, terms 2/15, n/30. 25 Collected the amount owing regarding the October 10 sale.

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Date Particulars Dr. $ Cr. $
1-Oct Bank (Bal.)      89,550.00
Card Charges ($90,000* 0.5%)            450.00
Service Revenue      90,000.00
(Being sales made with 0.5% charges)
7-Oct Cash      11,000.00
Service Revenue      11,000.00
(Being goods sold for cash)
8-Oct Bank (Bal.)      50,960.00
Card Charges ($52,000* 0.5%)        1,040.00
Service Revenue      52,000.00
(Being sales made with 2% charges)
10-Oct Accounts Receivable ( Edson Community Health Clinic)      38,000.00
Service Revenue      38,000.00
(Being sales made on credit)
25-Oct Cash (Bal.)      37,240.00
Discount ($38,000 * 2%)            760.00
Accounts Receivable ( Edson Community Health Clinic)      38,000.00
(Being cash received from Debtors and gave 2% discount)

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