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Take me to the text Knife and Fork operates as a restaurant. Its customers can pay by cash, debit or credit card. For each debit
Take me to the text Knife and Fork operates as a restaurant. Its customers can pay by cash, debit or credit card. For each debit transaction, John pays $0.20. For credit cards, John pays 2% of the total credit card transactions. On March 19, 2019, John compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $2371 50 Debit Card $0 0 Credit Card $4000 84 Required Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the total debit/credit card expense for March 19. Total Debit/Credit Card Expense $80 b) Record the journal entry for the day's sales ignoring cost of goods sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Account Title and Explanation Debit Credit Date 2019 Mar 19 Cash 3200 x b) Record the journal entry for the day's sales ignoring cost of goods sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Account Title and Explanation Debit Credit 3200 X Date 2019 Mar 19 Cash Debit/Credit Card Expense 80 Sales Revenue To record sales 4000 X
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