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Restaurants do a large volume of business by customer credit cards and debit cards. Suppose MasterCard charges merchants 2 percent, the non-bank credit card companies
Restaurants do a large volume of business by customer credit cards and debit cards. Suppose MasterCard charges merchants 2 percent, the non-bank credit card companies charge 6 percent, and the debit ca transactions incur a charge of 2.5 percent. Record these sale transactions for a Cranberri restaurant on May 12. (Click the icon to view the transactions.) Transactions Begin by recording the MasterCard credit card sales. (Recor Antries. Round your answers to the nearest whole dollar.) Journa MasterCard credit card sales $ 17,500 Date Accounts Non-bank credit card sales 3,400 May 12 Debit card sales 5,600 Print Done Next, record the non-bank credit card sales. (Round your answers to the nearest whole dollar.) Journal Entry Date Accounts Debit Credit May 12 Choose from any list or enter any number in the input fields and then continue to the next
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