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On November 2, 2020, 50 customers used debit cards to purchase merchandise for at total of $10,000 from Paper Town. Paper Town pays a $1.50
On November 2, 2020, 50 customers used debit cards to purchase merchandise for at total of $10,000 from Paper Town. Paper Town pays a $1.50 debit card fee for each transaction. Paper Town credited Sales of $10,000, what are the debit entries for the transactions? a. Debit Accounts receivable $9,925; Debit Debit card expense $75 b. Debit Cash $10,000 c. Debit Cash $9,925; Debit Debit card expense $75 d. Debit Cash $9,925; Debit Credit card expense $75
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