Restaurants do a large volume of business by credit and debit cards. Suppose Cityside Collection restaurant had these transactions on January 28, 2024: (Click the icon to view the transactions.) Requirements 1. 2. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journalize these sales transactions for the restaurant. Suppose Cityside Collection's processor charges a 3% fee and deposits sales using the gross method. Journalize these sales transactions for the restaurant. Data table 4 National Express credit card sales ValueCard debit card sales $ 11,900 11,000 - X
Restaurants do a large volume of business by credit and debit cards. Suppose Cityside Collection restaurant had these transactions on January 28, 2024: (Click the icon to view the transactions.) Requirements 1. 2. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journalize these sales transactions for the restaurant. Suppose Cityside Collection's processor charges a 3% fee and deposits sales using the gross method. Journalize these sales transactions for the restaurant. Data table 4 National Express credit card sales ValueCard debit card sales $ 11,900 11,000 - X
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter24: Recording International And Internet Sales
Section24.2: Recording Internet Sales
Problem 1WT
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