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Directions:Prepare Journal entries based on the following information: a). Sold $45,000 Merchandise on bank card, same day funding net of fee 1.5% assed by bank
Directions:Prepare Journal entries based on the following information: a). Sold $45,000 Merchandise on "bank card", same day funding net of fee 1.5% assed by bank Date Account Debit Credit June 15th b) Sold $9,000 merchandise on "nonbank card" and recorded a 6% fee Date Account Debit Credit 15-Dec c) Collected amount due of $8,460 from credit card company Date Account Debit Credit 31-Dec
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