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During the year, the following sales transactions occur. There is a charge of 3% on all credit card transactions and a 1% charge on all

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During the year, the following sales transactions occur. There is a charge of 3% on all credit card transactions and a 1% charge on all debit card transactions 1. Total cash sales = $460,000 2. Total check sales = $310,000 3. Total credit card sales = $560,000 4. Total debit card sales = $160,000 Calculate the amount recorded as cash receipts from these transactions. Total cash sales Total check sales Total credit card sales Total debit card salos Total cash receipts

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