Business, 02.11.2019 06:31 Virnalis1112

Z-mart uses the perpetual inventory system and has its own credit card. z-mart charges a per-month interest fee for any unpaid balance on its store credit card at each month-end. apr. 30 z-mart sold merchandise for $2,900 (that had cost $1,600) and accepted the customer’s z-mart store credit card. may 31 z-mart recorded $4 of interest earned from its store credit card as of this month-end. prepare journal entries to record the above credit card transactions of z-mart.

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Z-mart uses the perpetual inventory system and has its own credit card. z-mart charges a per-month i...

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