Journalize the following transactions for Stillwater Spa Consultants: Oct. 1 Sold services for $250,eee to customers using debit cards. Assume the bank charges 0.5% for all debit card transactions. 7 Sold services to customers for $28,000 cash. 8 Recorded Visa credit card sales totalling $146,000. Assume visa applies fees of 2%. 10 Sold $104,000 of services to Edson Community Health Clinic, terms 2/15, n/30. 25 Collected the amount owing regarding the October 10 sale. View transaction list Journal entry worksheet < 1 2 3 4 5 Record the sale of services less debit card expense.

Journalize the following transactions for Stillwater Spa Consultants: Oct. 1 Sold services for $250,eee to customers using debit cards. Assume the bank charges 0.5% for all debit card transactions. 7 Sold services to customers for $28,000 cash. 8 Recorded Visa credit card sales totalling $146,000. Assume visa applies fees of 2%. 10 Sold $104,000 of services to Edson Community Health Clinic, terms 2/15, n/30. 25 Collected the amount owing regarding the October 10 sale. View transaction list Journal entry worksheet < 1 2 3 4 5 Record the sale of services less debit card expense.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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