Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 10, 2024

A customer wants to pay an outstanding invoice in the amount of $339.00 ( which include of HST) with a credit card. which journal would

A customer wants to pay an outstanding invoice in the amount of $339.00 ( which include of HST) with a credit card. which journal would we see to record it and what entry is made in the accounting records..assuming the bank charges 3% for processing credit card?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Internal Auditors Guide To Risk Assessment

Authors: Rick A. Wright Jr.

2nd Edition

1634540158, 9781634540155

More Books

Students also viewed these Accounting questions

Question

★★★★★

The production department in a process manufacturing system completed 80,000 units of product and transferred them to finished goods during a recent period. Of these units, 24,000 were in process at...

Answered: 1 week ago

Question

★★★★★

Find the derivative of the function. y = x tanh -1 x + ln1 - x 2

Answered: 1 week ago

Question

★★★★★

For each part in Exercise 7.27 use the guidelines for ????-values to interpret the strength of evidence against ????0 provided by the observed ????-value.

Answered: 1 week ago

Question

★★★★★

Alexei Urmanov Corporation operates a retail computer store. To improve delivery services to customers, the company purchases three new trucks on April 1, 2008. The terms of acquisition for each...

Answered: 1 week ago

Question

★★★★★

Future Value of Annuity. Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of 9%. If she makes contributions of $380 per month, will...

Answered: 1 week ago

Question

★★★★★

A firm has three investment alternatives. Payoffs are in thousands of dollars. a. Using the expected value approach, which decision is preferred? b. For the lottery having a payoff of $100,000 with...

Answered: 1 week ago

Question

★★★★★

The time dependence of a physical quantity p is given by p = p. exp (- a t), where a is a constant and t is the time. The constant a (a) is dimensionless (c) has dimensions T (b) has dimensions T (d)...

Answered: 1 week ago

Question

★★★★★

2) Turbojet Engine A standard turbojet engine dries an airplane traveling with a velocity of 290 m/s at a height where the pressure is 28 kPa and the temperature is -40 C. The compressor pressure...

Answered: 1 week ago

Question

★★★★★

The FBI was conducting electronic surveillance of a mafia cell in New York City. At one end of the telephone conversation, a voice indicated that "I will remove the problem and bury it in the Hudson...

Answered: 1 week ago

Question

★★★★★

How do you find the IP address of your Linux machine using the command line? 2. (10 pt) Display your current directory in a terminal

Answered: 1 week ago

Question

★★★★★

A company uses a two-variance analysis for overhead variances, controllable and volume. The volume variance is the difference between the factory overhead applied at standard and: a. Total factory...

Answered: 1 week ago

Question

★★★★★

2. A test has two portions: verbal and math. The scores for each portion are positively correlated with a correlation coefficient of 0.55. A scatter diagram of the scores is football shaped. Scores...

Answered: 1 week ago

Question

★★★★★

5 Compare the strengths and weaknesses of the following: (a) management by objectives; (b) graphic rating scales; (c) 360- degree feedback.

Answered: 1 week ago

Question

★★★★★

1 D o you think having some parts of the appraisal process (such as 3 60-d egree feedback at Amersham Pharmacia and Biotech) is a good idea? Longenecker (1997) conducted a survey and found that the...

Answered: 1 week ago

Question

★★★★★

6 What is the balanced scorecard method?

Answered: 1 week ago

Previous Question Next Question