On March 1, 2011, Joe Miles purchased a suit at Calvin's Fine Apparel Store. The suit cost $ \$ 250 $ and Joe used his Calvin credit card. Calvin charges $ 2 \% $ per month interest if payment on credit charges is not made within 30 days. On April 30, 2011, Joe had not yet made his payment. What entry should Calvin make on April 30th?

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The Answer of On March 1, 2011, Joe Miles purchased a suit at Calvin's Fine Apparel Store. The suit cost $ \$ 250 $ and Joe used his Calvin credit card. Calvin charges $ 2 \% $ per month interest if payment on credit charges is not made within 30 days. On April 30, 2011, Joe had not yet made his payment. What entry should Calvin make on April 30th?

On March 1, 2011, Joe Miles Purchased a Suit at Calvin's