Assume that the sales made by Wessling Company for the month ended February 28, 2010, were made to customers using credit cards and totaled $5,666. Prepare one entry in journal form to record these sales assuming that all of the credit card companies charge Wessling Company a 2.5 percent discount fee. (Omit date.) Round to the nearest whole dollar.

Question

Assume that the sales made by Wessling Company for the month ended February 28, 2010, were made to customers using credit cards and totaled $5,666. Prepare one entry in journal form to record these sales assuming that all of the credit card companies charge Wessling Company a 2.5 percent discount fee. (Omit date.) Round to the nearest whole dollar.
Assume that the sales made by Wessling Company for the month ended February 28, 2010, were made to customers using credit cards and totaled $5,666. Prepare one entry in journal form to record these sales assuming that all of the credit card companies charge Wessling Company a 2.5 percent discount fee. (Omit date.) Round to the nearest whole dollar.

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The Answer of Assume that the sales made by Wessling Company for the month ended February 28, 2010, were made to customers using credit cards and totaled $5,666. Prepare one entry in journal form to record these sales assuming that all of the credit card companies charge Wessling Company a 2.5 percent discount fee. (Omit date.) Round to the nearest whole dollar.

Assume That the Sales Made by Wessling Company for the Month