repare Journal entries for the following credit card sales transactions (the company uses the perpetual Inventory system 1. Sold $32,000 of merchandise, which cost $24,600, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $6,200 of merchandise, which cost $3,600, on an assortment of bank credit cards. These cards charge a 4% fee View transaction list Journal entry worksheet < 1 2 3 4 Mastercard credit cards Mastercard charges a A

repare Journal entries for the following credit card sales transactions (the company uses the perpetual Inventory system 1. Sold $32,000 of merchandise, which cost $24,600, on Mastercard credit cards. Mastercard charges a 5% fee. 2. Sold $6,200 of merchandise, which cost $3,600, on an assortment of bank credit cards. These cards charge a 4% fee View transaction list Journal entry worksheet < 1 2 3 4 Mastercard credit cards Mastercard charges a A

Name: Complete journal entries 1-4 and show steps to solve please and thank
Uploaded: 2024-03-04T10:43:15.000Z
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Description: Complete journal entries 1-4 and show steps to solve please and thank you QS 7-1 (Algo) Credit card sales LO C1Prepare Journal entries for the following credit card sales transactions (the company uses the perpetual Inventory system).1. Sold $32,000

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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