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On September 12, 6 customers use debit cards to purchase merchandise totalling $450 from Pharoah Company. The bank charges Pharoah Company $0.80 per debit card
On September 12, 6 customers use debit cards to purchase merchandise totalling $450 from Pharoah Company. The bank charges Pharoah Company $0.80 per debit card transaction. Prepare the entry to record the transactions by Pharoah Company. (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 2 decimal places, e.g. 15.75.) Date Account Titles and Explanation Debit Credit Sept. 12
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