On May 10, Bramble Corp. sold merchandise for $3,600 and accepted the customer's Best Business Bank...
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On May 10, Bramble Corp. sold merchandise for $3,600 and accepted the customer's Best Business Bank MasterCard. At the end of the day, the Best Business Bank MasterCard receipts were deposited in the company's bank account. Best Business Bank charges a 4.00% service charge for credit card sales. Prepare the entry on Bramble Corp.'s books to record the sale of merchandise. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation May 10 Debit Credit On May 10, Bramble Corp. sold merchandise for $3,600 and accepted the customer's Best Business Bank MasterCard. At the end of the day, the Best Business Bank MasterCard receipts were deposited in the company's bank account. Best Business Bank charges a 4.00% service charge for credit card sales. Prepare the entry on Bramble Corp.'s books to record the sale of merchandise. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation May 10 Debit Credit
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