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Question1: Journalize the following transaction: A Company sold 93 units at a retail price of $89.99 + tax (13%). The cost of each unit was
Question1: Journalize the following transaction:
- A Company sold 93 units at a retail price of $89.99 + tax (13%). The cost of each unit was $52.50. The customer paid using American Express that comes with a 3% fee.
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- A coach taught 6 basketball lessons to his student and charged him $75/hour + tax (13%). The student paid Master Card that comes with a 3.3% fee.
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- Restaurant T served a family of 18 their dinner special. The special was $9.99 + tax (13%). The customer paid debit and the transaction fee is $0.40.
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