Accounting Principles volume 2
Accounting Principles volume 2
12th Edition
ISBN: 9781119132233
Author: Kimmel and Kieso (Custom for LaGuardia Community College) Weygandt
Publisher: WILEY C
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Chapter 9, Problem 9.9E
To determine

Credit card:

A credit card can be defined as a payment card that is issued to users to allow the holder of the card to pay a seller for goods and services, on the basis of the promise of the cardholder to the issuer of the card to pay for the amounts so paid and the other charges included therewith.

To prepare: The journal entry for C. Stores.

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