Journalize the following transactions for the Evans Company. Assume the company uses perpetual inventory system....
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Accounting
Journalize the following transactions for the Evans Company. Assume the company uses perpetual inventory system.
1) Sells merchandise for $645. Cost of merchandise sold $375.
2) Sells merchandise for $432 and accepts VISA as the form of payment. Cost of merchandise sold $195.
3) Sells merchandise on account for $670. Cost of merchandise sold for $438.
4) Credit card fees paid for the month is $85.
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