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3 Blossom Retati Shoo allows customers to use debit and bank credit cards as well as tash foc purchases of merchandise. The compary does not
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Blossom Retati Shoo allows customers to use debit and bank credit cards as well as tash foc purchases of merchandise. The compary does not accest perspnal cheques Blossom's bank charges $1.20 for every debit card transaction and 5% for bank credit card transaction. On July 1, the conpany established a petty cash fund Before it created the petty cash tund, cash was taken from the cashrezister whenever someane needed canh to pay for a mall expense. The followits transactions tupened in July: July 1 Established the petty cath fund by cashing acheque for $700 cands (140 transactions), and the balance vinit bank credi cards. kardi {100 tranactions and the balance using barb credit ciedt. followine petty cash receipts: Question 3 of 18 > {a} mquired. select "No Entry" for the account titles and nter Ofor the amaunts. Round answes to 0 decimal ploces ex 5.275) Date Account Tities and Explanation Debit Credit (To record sales) Step by Step Solution
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