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Journalize the following transactions for Stillwater Spa Consultants: Oct. 1 Sold services for $160,000 to customers using debit cards. Assume the bank charges 0.5% for
Journalize the following transactions for Stillwater Spa Consultants: Oct. 1 Sold services for $160,000 to customers using debit cards. Assume the bank charges 0.5% for all debit card transactions. 7 Sold services to customers for $18,000 cash. 8 Recorded Visa credit card sales totalling $94,000. Assume visa applies fees of 2%. 10 Sold $66,000 of services to Edson Community Health Clinic, terms 2/15, n/30. 25 Collected the amount owing regarding the October 10 sale.
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