Question
Ace Incorporated paid credit card processing fees of $9,000 on October 30. The Journal Entry for this business transaction is: OCT 30 Cash 9,000 Credit
Ace Incorporated paid credit card processing fees of $9,000 on October 30. The Journal Entry for this business transaction is:
OCT 30
Cash 9,000
Credit Card Expense 9,000
To record service charges on
credit sales fo the month
Group of answer choices
True or False
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Financial Accounting
Authors: Carl Warren, James M. Reeve, Philip E. Fess
8th Edition
0324025394, 978-0324025392
