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Wiggins accepts credit card payments from customers. Charges on USExpress cards were $3,000.This card is not a bank (debit) card, and settlement does not occur
Wiggins accepts credit card payments from customers. Charges on USExpress cards were $3,000.This card is not a bank (debit) card, and settlement does not occur until approximately two weeks following the date of the transaction.USExpress charges a 4% fee, and this amount is recorded on the day of sale. Prepare the journal entry for the credit card sales.
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