Carrefour issue its own credit card. The sales manager purchase clothes for his family for 900 using Carrefour credit card on the 1st of April. If Carrefour charge 2% per month on the amount the other party owe them. Prepare the Carrefour journal entry at the end of the month if the amount was not paid until 30th of April. Select one: O a. Account Receivable 900 Sales Revenue 900 b. Account Receivable 18 Interest Receivable 18 O c. Interest Receivable 882 Account Receivable 882 Od. Sales Revenue 900 Account Receivable 900 直 0 هنا ل لبحث
Carrefour issue its own credit card. The sales manager purchase clothes for his family for 900 using Carrefour credit card on the 1st of April. If Carrefour charge 2% per month on the amount the other party owe them. Prepare the Carrefour journal entry at the end of the month if the amount was not paid until 30th of April. Select one: O a. Account Receivable 900 Sales Revenue 900 b. Account Receivable 18 Interest Receivable 18 O c. Interest Receivable 882 Account Receivable 882 Od. Sales Revenue 900 Account Receivable 900 直 0 هنا ل لبحث
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![AI Maskari Section 1 / Midterm 1 Resit Exam
Carrefour issue its own credit card. The sales manager purchase clothes for his family for 900 using Carrefour credit card on the
1st of April. If Carrefour charge 2% per month on the amount the other party owe them. Prepare the Carrefour journal entry at
the end of the month if the amount was not paid until 30th of April.
Select one:
O a.
Account Receivable
900
Sales Revenue
900
Ob.
Account Receivable
18
Interest Receivable
18
C.
Interest Receivable
882
Account Receivable
882
d.
Sales Revenue
900
Account Receivable
900
直 0
هنا ل لبحث](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F39b9ad1f-fa8e-4fa1-a7ce-f01cf0fd34ae%2F03473136-5df3-4f85-85e2-d064dc1c6f27%2F2up13e3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:AI Maskari Section 1 / Midterm 1 Resit Exam
Carrefour issue its own credit card. The sales manager purchase clothes for his family for 900 using Carrefour credit card on the
1st of April. If Carrefour charge 2% per month on the amount the other party owe them. Prepare the Carrefour journal entry at
the end of the month if the amount was not paid until 30th of April.
Select one:
O a.
Account Receivable
900
Sales Revenue
900
Ob.
Account Receivable
18
Interest Receivable
18
C.
Interest Receivable
882
Account Receivable
882
d.
Sales Revenue
900
Account Receivable
900
直 0
هنا ل لبحث
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education