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Exercise 7-14B Recording credit card sales Jung Company accepted credit cards in payment for $8,650 of services performed during March, Year 1. The credit card

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Exercise 7-14B Recording credit card sales Jung Company accepted credit cards in payment for $8,650 of services performed during March, Year 1. The credit card company charged Jung a 4 percent service fee. The credit card company paid Jung as soon as it received the invoices. Required Based on this information alone, what is the amount of net income earned during the month of March? EXERCISE 7-14B Credit card expense: Income Statement: Revenue Net Income $

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