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Save = Homework: Chapter 8 Homework Question 5, E8-19 (simila Part 1 of 3 HW Score: 50 13%, 6.52 of 13 points O Peints: 2
Save = Homework: Chapter 8 Homework Question 5, E8-19 (simila Part 1 of 3 HW Score: 50 13%, 6.52 of 13 points O Peints: 2 First Place Rurning Shoes reports the following Click the icon to view the transactition) joumalico al otros required for Fast Pace Running Shoes (Record dooies feat, then coses Select the extention on the one in the journal ernym) Jan 4, 2016: Rooded credit card ses of 86.600.net of proof Com som to concentraler Date Accounts and Explanation Debat Credit 2018 un More Info 2018 Jan. 1 Recorded Continental Express credit card sales of $98,000, net of processor fee of 1%. Ignore Cost of Goods Sold. Recorded GoldCard credit card sales of $90,000. Processor charges a 3.5% fee. GoldCard charges the fee at the end of the month, therefore First Place uses the gross method for these credit card sales. Ignore Cost of Goods Sold. GoldCard collected the fees for the month of January. Assume the January 15 transaction is the only GoldCard credit card sale. Jan. 15 Jan. 31
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