Recorded credit card sales of $80,000 (cost, $35,000), net of processor fee of 2%. Received payment...

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Recorded credit card sales of $80,000 (cost, $35,000), net of processor fee of 2%. Received payment in full from B&B Contractors. Purchased appliances from TQA on account for $650,000. Recorded credit card sales of $80,000 (cost, $35,000), net of processor fee of 2%. Received payment in full from B&B Contractors. Purchased appliances from TQA on account for $650,000.

Answer rating: 100% (QA)

To record the transactions mentioned 1 Recorded credit card sales of 80000 cost 35000 net of process... View the full answer