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QS 7.7 Credit card transactions LO5 Journalize the following transactions (assume a perpetual inventory system): February | Recorded $75.000 of sales (cost $62,000) to
QS 7.7 Credit card transactions LO5 Journalize the following transactions (assume a perpetual inventory system): February | Recorded $75.000 of sales (cost $62,000) to customers using MasterCard. Assume MasterCard charges the retailer 2.5% for credit card transactions. February 10 Sold merchandise to customers who paid $28.000 in cash (cost $23,000).
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Forensic Accounting and Fraud Examination
Authors: Mary Jo Kranacher, Richard Riley, Joseph T. Wells
1st edition
047043774X, 978-0470437742
