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Business, 14.06.2021 23:30 irishvball7

Prepare journal entries for the following credit card sales transactions. 1. Sold $20,000 of merchandise, which cost $15,000, on MasterCard credit cards. Master Card charges a 5% fee.
2. Sold $5,000 of merchandise, which cost $3,000, on an assortment of bank credit cards. These cards charge a 4% fee.

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Prepare journal entries for the following credit card sales transactions. 1. Sold $20,000 of mercha...
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