1 : The bank card fee is calculated as a percentage on

total amount recorded on the bank card sales slips.

he total sales.

cash sales.

purchases entered in the total purchases account.

2: Bank service chrages are deducted from which account?

cash account. checking account.

purchases account.

sales account.

3: Contra cost of merchandise account means

total cash and credit sales

the cash and credit purchases.

the sales return and allowance account.

the purchase returns and allowance account.