Restaurants do a large volume of business by credit cards and bankcards Suppose a Chili 's restaurant had these transactions on a Saturday Suppose American Express charges merchants (2 ) and VISA charges (11 2 ) Record these sale transactions for the restaurant American Express credit card sales $1...

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Restaurants do a large volume of business by credit cards and bankcards. Suppose a Chili's restaurant had

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Restaurants do a large volume of business by credit cards and bankcards.

Suppose a Chili's restaurant had these transactions on a Saturday:

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Suppose American Express charges merchants $2 \%$ and VISA charges $11 / 2 \%$. Record these sale transactions for the restaurant.

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Question Posted: May 10, 2024 07:01 AM

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Restaurants do a large volume of business by credit cards and bankcards. Suppose a Chili's restaurant had

Question:

American Express credit-card sales................. $10,000 VISA bankcard sales............. 8,000

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Accounting

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