(SO 1)Blinka Retailers accepted $50,000 of Citibank VISA credit card charges for merchandise sold on July 1....
Question:
(SO 1)Blinka Retailers accepted $50,000 of Citibank VISA credit card charges for merchandise sold on July 1.
Citibank charges 4% for its credit card use. The entrj to record this transaction by Blinka Retailers will include a credit to Sales of $50,000 and a debit(s) to:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
Question Posted: