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QUESTION 28 The total amount of the note and interest due on the maturity date of a 56,000, 60-day 8%, note receivable is (Use 360
QUESTION 28 The total amount of the note and interest due on the maturity date of a 56,000, 60-day 8%, note receivable is (Use 360 days a year.) $6,480 $5.520 55920 56.000 S6 080 QUESTION 29 Brinker accepts all major bank credit cards including First Savings Banks which a 25% charge ones for using it card On May 26. Brinker had $4.000 in First Savings Bank Card credit salos What entry should Brinker make on May 26 to record the deposit? Debit Accounts Receivable $4800 Credit Sales 54.000 Debit Cash $4.000 credit Safes $4.800 Debit Accounts Receivable 54.680 debit Credit Card Expense S120 credit Saws 54.000 Debit Cash $4.680 dobit Credit Card Expense 5120 credit Sites 54.000 Debit Cash $4,920 credit Credit Card Expanse S120 credit Sale $4.000
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