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Exercise 7-3 Sales on store credit card LO C1 Z-Mart uses the perpetual Inventory system and allows customers to use the Z-Mart store credit card in charging purchases. Z-Mart assesses a per-month interest fee for any unpaid balance on its store credit card at each month-end. Apr. 30 Z-Mart sold merchandise for $1,300 (that had cost $80p) and accepted the customer's Z-Mart store credit card. May 31 Z-Mart recorded $7 of interest earned from its store credit card as of this month-end. Prepare journal entries to record the above selected credit card transactions of Z-Mart. View transaction list Journal entry worksheet 2 3 Z-Mart sold merchandise for $1,300 and accepted the customer's Z-Mart store credit card. Note: Enter debits before credits General Journal Debit Credit Date Apr 30 Record entry Clear entry View general journal Exercise 7-3 Sales on store credit card LO C1 Z-Mart uses the perpetual Inventory system and allows customers to use the Z-Mart store credit card in charging purchases. Z-Mart assesses a per-month interest fee for any unpaid balance on its store credit card at each month-end. Apr. 30 Z-Mart sold merchandise for $1,300 (that had cost $8ee) and accepted the customer's Z-Mart store credit card. May 31 Z-Mart recorded $7 of interest earned from its store credit card as of this month-end. Prepare journal entries to record the above selected credit card transactions of Z-Mart. View transaction list Journal entry worksheet

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