Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 24, 2024

need this doen asap 8. A company accepts Visa credit card as payment for ( $ 500 ) worth of house cleaning services. The company

need this doen asap 8. A company accepts Visa credit card as payment for $ \$ 500 $ worth of house cleaning services. The company is charged a $ 2 \% $ service fee by the credit card company. What journal entry shoul 2 answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial accounting

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

9th edition

978-0132751216, 132751127, 132751216, 978-0132751124

More Books

Students also viewed these Accounting questions

Question

★★★★★

Jontil Co. began the current period with a $14,000 balance in the Peter Jontil, Capital account. At the end of the period, the company's adjusted account balances include the following temporary...

Answered: 1 week ago

Question

★★★★★

Universal Services was organized on October 1, 2015. A summary of the revenue and expense transactions for October follows: Fees earned ............$800,000 Wages expense ...........270,000 Rent...

Answered: 1 week ago

Question

★★★★★

Say you own an asset that had a total return last year of 10.7%. If the inflation rate last year was 3.7%, what was your real return?

Answered: 1 week ago

Question

★★★★★

Identify the four emergent qualities of transpersonal CFPs and discuss how they affect their practices.

Answered: 1 week ago

Question

★★★★★

On January 1, Year 6, HD Ltd., a building supply company, JC Ltd., a construction company, and Mr. Saeid, a private investor, signed an agreement to carry out a joint operation under the following...

Answered: 1 week ago

Question

★★★★★

1. From your experience, please list 10 or more products that arise from a common (joint) beginning? What is the common beginning? 2. Might any of these be considered by-products? Why or why not? 3....

Answered: 1 week ago

Question

★★★★★

Read NASW Code of Ethics Sections 1,2,5,& 6 and the Delaware Lawyer's Rules of Professional Conduct., 1.2, 1.6,.1.7,.1.10 & 1.13. In 2/3 pages, compare any two sections of the NASW Code with any two...

Answered: 1 week ago

Question

★★★★★

Researchers are interested in determining whether more men than women prefer beef to chicken. In a random sample of 250 men, 75% prefer beef, whereas in a random sample of 350 women, 55% prefer beef....

Answered: 1 week ago

Question

★★★★★

Our company makes and sells cell-phone sanitizer units. Cell phones are inserted inside the units and bathed in UV-C ultraviolet light that eliminates 99.9% of bacteria and viruses in approximately...

Answered: 1 week ago

Question

★★★★★

Suppose that a student suffering from migraine has a medical history that indicates the following probabilities. The probability that you will have a migraine in one day is 25%. If she has a migraine...

Answered: 1 week ago

Question

★★★★★

9. Your neighbor who has a job says, "I am having heart surgery in two months." When does your neighbor have to tell the employer about the surgery?

Answered: 1 week ago

Question

★★★★★

A group from the class in the previous question has identified a bug in their code that will take a minimum of 16 tasks T = {t1...t16} to resolve. How many ways are there to assign the tasks if (5...

Answered: 1 week ago

Question

★★★★★

During a heavy storm, lightning struck an office building that houses the data center of a small accounting firm. The lightning caused a fire that interrupted the electricity supply to the building...

Answered: 1 week ago

Question

★★★★★

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company...

Answered: 1 week ago

Question

★★★★★

Write a paper detailing a geographic information system (GIS) of your own design that would utilize data in an original manner.

Answered: 1 week ago

Question

★★★★★

a. What is an option ARM loan? b. Why is it unlikely that this loan type will be originated in the future?

Answered: 1 week ago

Question

★★★★★

a. Why is credit enhancement required in a securitization? b. What entity determines the amount of securities needed in a securitization?

Answered: 1 week ago

Question

★★★★★

a. What is meant by concentration risk? b. How do rating agencies seek to limit the exposure of a pool of loans to concentration risk?

Answered: 1 week ago

Previous Question Next Question