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Principles of Accounting I ACC 201 - 19FACMP Homework: Chapter 7 Assignmnet Score: 0 of 1 pt T17-5 (similar to) 5 of 7 (4 complete)

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Principles of Accounting I ACC 201 - 19FACMP Homework: Chapter 7 Assignmnet Score: 0 of 1 pt T17-5 (similar to) 5 of 7 (4 complete) Pana Restaurants accepts credit and debit cards as forms of payment. Assume Pana had $11,000 of credit and debit card sales on June 30, 2017 9. 10. Suppose Pana's processor charges a 4% fee and deposits sales net of the fee. Journalize the sale transaction for the restaurant. Suppose Pana's processor charges a 4% fee and deposits sales using the gross method. Journalize the sale transaction for the restaurant. 9. Suppose Pana's processor charges a 4% fee and deposits sales net of the fee. Journalize the sale transaction for the restaurant. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Jun. 30

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