Record the following transactions of Ann's Fashion Boutique in a general journal: DATE TRANSACTIONS 2013 Feb. 2
Question:
DATE TRANSACTIONS
2013 Feb. 2 Sold merchandise totaling $2,800 to customers using bank credit cards. Record the 3 percent discount on credit card sales at time of sale.
15 Sold merchandise totaling $1,600 to customers using American Express.
20 Received amount due from American Express, less their 4 percent discount, for sales made by customers using American Express on February 15.
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0073396958
2nd edition
Authors: David Haddock, John Price, Michael Farina
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