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Book Hint Print erences Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold $36,000 of
Book Hint Print erences Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold $36,000 of merchandise, which cost $27,800, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $6,600 of merchandise, which cost $3,800, on an assortment of bank credit cards. These cards charge a 4% fee. View transaction list Journal entry worksheet
Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). 1. Sold \$36,000 of merchandise, which cost $27,800, on Mastercard credit cards. Mastercard charges a 59 fee. 2. Sold $6,600 of merchandlse, which cost $3,800, on an assortment of bank credit cards. These cards charge a 496 fee Journal entry worksheet Sold $36,000 of merchandise on Mastercard credit cards. Mastercard chargos a 5% tee. Nate: Enter detans befoer creditsStep by Step Solution
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