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Please complete in the format provided. Thank you in advance. Sunland Retail Shop allows customers to use debit and bank credit cards as well as
Please complete in the format provided.
Sunland Retail Shop allows customers to use debit and bank credit cards as well as cash for purchases of merchandise. The company does not accept personal cheques Sunland's bank charges $110 for every debit card transaction and 6% for bank credit card transactions On July 1. the company established a petty cash fund. Before it created the petty cash fund, cash was taken from the cash register whenever someone needed cash to pay for a small expense. The following transactions happened in July July Established the petty cash fund by cashing a cheque for $220. 8 Total sales for the week were $34,250. Customers paid for these purchases as follows: $12.250 in cash. $9.000 on debit cards (160 transactions), and the balance using bank credit cards Replenished the petty cash fund. On this date, the fund consisted of $64 in cash and the following petty cash receipts: B Freight out, $51 Supplies 26 Advertising in local paper 34 Personal withdrawal by owner, R Sunland 39 15 Total sales for the week were $30/655. Customers paid for these purchases as follows: $11.655 in cash $10.000 on debit cards (180 transaction and the balance using bank credit cards. Replenished the petty cash fund and decreased the balance to $100. On this date the fund cometedor $54 In cash and the follow petty cash receipts 25 Posting $16 Advertintapur 54 Supplies Record tractions et leder for the dead the Demo Date ACC Tanda Debe che July 1 V July y V > (To record > 15 > > > N25 > Thank you in advance.
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