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The Ruiz Corporation, Which Owns a Chain of Specialty Shops

Question 43

Multiple Choice

The Ruiz Corporation, which owns a chain of specialty shops, has recently begun to accept credit cards. On March 1, 2014, Ruiz made a credit card sale of $5,200 to a customer. The credit card company charges a fee of 3%.
Which of the following correctly shows the effects of the sale on March 1? Assume that the credit card fee is recorded on the date of sale. The Ruiz Corporation, which owns a chain of specialty shops, has recently begun to accept credit cards. On March 1, 2014, Ruiz made a credit card sale of $5,200 to a customer. The credit card company charges a fee of 3%. Which of the following correctly shows the effects of the sale on March 1? Assume that the credit card fee is recorded on the date of sale.   A)  Option A B)  Option B C)  Option C D)  Option D


A) Option A
B) Option B
C) Option C
D) Option D

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