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Laurenrees98 Laurenrees98
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Posts: 342
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5 years ago
Clothesall, Inc., a retailer, accepts payment through credit cards. During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assume that the processor deposits the net amount. Prepare the journal entry for card sales. (Ignore cost of goods sold.)
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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alasyachristinealasyachristine
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Posts: 211
5 years ago
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Laurenrees98 Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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