A company has credit card sales of $50, 000, and the bank charges a 2% credit card fee. What is the ... no other sales. What is the correct journal entry to record this sale? ... The entry to record the sales will include a credit to sales revenues of $120, 000 and debits to ... If a company has $10, 000 of credit card sales but has to pay $250 in credit card fees, how much should be recorded as sales revenues ?
|Title||:||1,001 Accounting Practice Problems For Dummies|
|Author||:||Kenneth Boyd, Kate Mooney|
|Publisher||:||John Wiley & Sons - 2015-03-27|