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explain process On September 12,4 customers use debit cards to purchase merchandise totalling $630 from Crane Company. The bank charges Crane Company $0.70 per debit
explain process
On September 12,4 customers use debit cards to purchase merchandise totalling $630 from Crane Company. The bank charges Crane Company $0.70 per debit card transaction. Prepare the entry to record the transactions by Crane Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to 2 decimal places, e.g. 15.75.) Date Account Titles and Explanation Debit Credit Sept. 12 Tabela Media On April 16, Pharoah Company made sales of $10,000 to customers using credit cards for payment. The credit card company charges Pharoah a service fee of 2.8% for credit card transactions. Prepare the entry to record the credit card sales. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. Round answers to 0 decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit April 16Step by Step Solution
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