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The first picture is of the question, and the second and third picture is the answer I had and what was wrong with it. Please
The first picture is of the question, and the second and third picture is the answer I had and what was wrong with it. Please give me the correct answers.
Instructions Accessories Unlimited allows a few customers to make purchases on credit. Other customers may use wither of two credit cards. Express Bank deducts a 3% service charge for sales on its credit card but credits the chequing accounts of its commercial customers immediately when credit card receipts are deposited. Accessories Unlimited deposits the Express Bank credit card receipts at the close of each business day. When customers use UniCharge credit cares, Accessories Unlimited accumulates the receipts for several days before submitting them to UniCharge for payment. Unicharge deducts a 2% service charge and usually pays within one week of being billed. Accessories Unlimited completed the following transactions during May (assume a perpetual inventory system): Required: Prepare journal entries to record the preceding transactions (assume a perpetual inventory system) Step by Step Solution
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