Record the following transactions of Lisas Fashion Boutique in a general journal: DATE TRANSACTIONS 2016 Feb. 2
Question:
DATE TRANSACTIONS
2016
Feb. 2 Sold merchandise totaling $3,800 to customers using bank credit cards. Record the 2 percent discount on credit card sales at time of sale.
15 Sold merchandise totaling $2,100 to customers using American Express.
20 Received amount due from American Express, less their 3 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: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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