subject
Business, 01.07.2020 19:01 asimms8504

QS 9-1 Credit card sales LO C1 Prepare journal entries for the following credit card sales transactions (the company uses the perpetual inventory system). Sold $26,000 of merchandise, which cost $19,800, on Mastercard credit cards. Mastercard charges a 5% fee. Sold $5,600 of merchandise, which cost $3,300, on an assortment of bank credit cards. These cards charge a 4% fee.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:40
At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a.interns b.trainees c.members 2. a.participate b.train c.win
Answers: 2
question
Business, 22.06.2019 01:50
Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years
Answers: 3
question
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
question
Business, 22.06.2019 19:00
Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.
Answers: 2
You know the right answer?
QS 9-1 Credit card sales LO C1 Prepare journal entries for the following credit card sales transacti...
Questions
question
Mathematics, 09.07.2019 12:20
question
History, 09.07.2019 12:20
question
Business, 09.07.2019 12:20
Questions on the website: 13722363