Recording credit-card and debit-card sales Restaurants do a large volume of business by credit and debit cards. Suppose Chocolate Passion restaurant had these transactions on January 28, 2012: 11eb8258_953b_0c9a_bb02_8b446416d6c4_SM1625_00 Suppose Chocolate Passion's processor charges a 3% fee and deposits sales net of the fee. Requirement 1. Journalize these sale transactions for the restaurant.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

تمرين 48

Recording credit-card and debit-card sales
Restaurants do a large volume of business by credit and debit cards. Suppose Chocolate Passion restaurant had these transactions on January 28, 2012:

Suppose Chocolate Passion's processor charges a 3% fee and deposits sales net of the fee.
Requirement
1. Journalize these sale transactions for the restaurant.

التوضيح

موثّق

This exercise requires application of th...