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S8-6 (similar to) Question Help Restaurants do a large volume of business by credit and debit cards. Suppose Turning Leaves Continental Breakfast restaurant had these
S8-6 (similar to) Question Help Restaurants do a large volume of business by credit and debit cards. Suppose Turning Leaves Continental Breakfast restaurant had these transactions on January 28, 2018: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Suppose Turning Leaves Continental Breakfast's processor charges a 4% fee and deposits sales net of the fee. Journalize these sale transactions for the restaurant. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the credit sales net of the fee, first. Accounts and Explanation Debit Credit i X Requirements 1. Suppose Turning Leaves Continental Breakfast's processor charges a 4% fee and deposits sales net of the fee. Journalize these sales transactions for the restaurant. 2. Suppose Turning Leaves Continental Breakfast's processor charges a 4% fee and deposits sales using the gross method. Journalize these sales transactions for the restaurant. X i - Data Table National Express credit card sales $ 10,800 Print Done ValueCard debit card sales 9,000 Print Done Choose from any list or enter any number in the ? 3 Pemaining Clear All Check
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