Question
The fees charged businesses by banks on credit card transactions can be shown on the income statement: a. discount from revenue used in determining net
The fees charged businesses by banks on credit card transactions can be shown on the income statement:
a. discount from revenue used in determining net sales.
b. selling expense.
c.An administrative expense
d. All of these answers are correct.
d. None of these answers is correct.
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Advanced Management Accounting Pearson New International
Authors: Robert Steven Kaplan, Anthony A. Atkinson
3rd Edition
1292026596, 978-1292026596
