Question
Journalize the following transactions for Stillwater Spa Consultants: Oct. 1 Sold services for $110,000 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 $110,000 to customers using debit cards. Assume the bank charges 0.5% for all debit card transactions
7 Sold services to customers for $13,000 cash.
8 Recorded Visa credit card sales totalling $64,000. Assume visa applies fees of 2%.
10 Sold $46,000 of services to Edson Community Health Clinic, terms 2/15, n/30.
25 Collected the amount owing regarding the October 10 sale.
Record the sale of services less debit card expense
. Record the sale of services provided for cash.
Record the sale of services less credit card expense.
Record the sale of services; terms 2/15, n/30.
Record the collection of Oct. 10 credit sale.
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