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Kasey's Cake Shop made $30,000 in sales of wedding cakes in July. All of these sales were on bank credit cards. The credit card company
Kasey's Cake Shop made $30,000 in sales of wedding cakes in July. All of these sales were on bank credit cards. The credit card company charges a 2.5% collection fee. Required: Prepare Kasey's journal entry to record the credit card sales. DATE Dec. 1 Cash Credit Card Expense Sales Revenue GENERAL JOURNAL ACCOUNT TITLE POST. REF. DEBIT Score: 22/ CREDIT
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