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On April 16, Sheridan Company made sales of $11,000 to customers using credit cards for payment. The credit card company charges Sheridan a service
On April 16, Sheridan Company made sales of $11,000 to customers using credit cards for payment. The credit card company charges Sheridan a service fee of 2.9% 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 O decimal places, e.g. 5,275.) Date Account Titles and Explanation April 16 Debit Credit
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