Question
A business is recording its sales activity for the day and has the following in its cash register: cash at $3,000; in-house credit card drafts
A business is recording its sales activity for the day and has the following in its cash register: cash at $3,000; in-house credit card drafts at $1,500; Visa credit card drafts at $4,500; and personal checks from customers at $500. What amount will be recorded as cash in the accounting records?
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Accounting And Finance
Authors: Michael J. Jones
1st Edition
1118932072, 9781118932070
