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Exercise 9-11 Novak Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred. Jan. 15 Made Novak
Exercise 9-11 Novak Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred. Jan. 15 Made Novak credit card sales totaling $22,200. (There were no balances prior to January 15.) 20 Made Visa credit card sales (service charge fee %) totaling $5,300. Feb. 10 Collected $11,600 on Novak credit card sales. 15 Added finance charges of 3.5% to Novak credit card account balances. Journalize the transactions for Novak Stores. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal the order presented in the problem.) Account Titles and Explanation Credit Debit
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