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Restaurants do a large volume of business by customer credit cards and debit cards Suppose MasterCard charges merchants 3 percent, the non-bank credit card companies
Restaurants do a large volume of business by customer credit cards and debit cards Suppose MasterCard charges merchants 3 percent, the non-bank credit card companies charge 5 percent, and the debit card transactions incur a charge of 3.5 percent Record these sale transactions for a Trendz restaurant on July 12 (Click the icon to view the transactions) Begin by recording the MasterCard credit card sales (Record debits first, then credits. Exclude explanations from journal entries. Round your answers to the nearest whole dollar.) Journal Entry Date Accounts Debit Credit Jul 12 Noxt, rocord the non-bank credit card sales (Round your answers to the nearest whole dollar.) Journal Entry Date Accounts Debit Credit Jul 12 asterCard credit card sales. (Record debits first, then credits. Exclude explanations from journ the nearest ubalo dallar Transactions - X Credit $ $ 17,500 MasterCard credit card sales Non-bank credit card sales 3,500 Debit card sales 5,500 k credit card Print Done Accounts Debit Credit Finally, record the debit card sales (Round your answers to the nearest whole dollar.) Journal Entry Date Accounts Debit Credit Jul 12
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