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Culver Retaliets accepted $70000 of Citibank Visa credit card charges for merchandise sold on July 1. Citibank charges 5% for its credit ard use The
Culver Retaliets accepted $70000 of Citibank Visa credit card charges for merchandise sold on July 1. Citibank charges 5% for its credit ard use The entry to record this transactlon ty Cutver Retallers will include acredit to Sales Revenue of $70000 and a debit to (ber debits to) Accounts Receivabie $66500 and Service Charge Expense $3500. Accounts Beceivable $70000. Cach $6500 and hiverest Expende $3500. Cath $6500 and Service Charge Expeme $3500
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