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On March 4 , Micro Sales makes $ 3 , 7 0 0 in sales on bank credit cards that charge a 1 % service
On March Micro Sales makes $ in sales on bank credit cards that charge a service charge. Funds are deposited net of credit card expenses into Micro Sales' bank account at the end of the business day.
Journalize the sales and recognition of expense as a single journal entry. If an amount box does not require an entry, leave it blank.
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