A company had the following sales transactions:
1. Total debit card sales = $200,000.
2. Total credit card sales = $400,000.
3. Total cash sales = $800,000.
4. Total check sales = $100,000.
There is a charge of 2% on all credit card transactions. Calculate total sales revenue recorded for the year.

Question

Quizplus · Accepted Answer

$200,000 + $400,000 + $800,000 + $100,000 = $1,500,000.

A Company Had the Following Sales Transactions