Jessica Lange owns her own high-end hair salon and employs several hair stylists. Customers usually pay...

•  

Transcribed Image Text:

Jessica Lange owns her own high-end hair salon and employs several hair stylists. Customers usually pay using either a debit card or a credit card, but they sometimes write checks or pay with cash. Her credit- card sales last week were $8752.40. During the same period, she had $573.94 in credit refunds and she pays fees of 21% on the net credit- card sales. The balance at the beginning of the week was $4228.34. Checks outstanding were $758.14, $38.37, $1671.88, $120.13, $2264.75, $78.11, $3662.73, $816.25, and $400. Lange had credit-card and bank deposits of $458.23, $771.18, $235.71, $1278.55, $663.52, and $1475.39 that were not recorded. 1. Find the net deposit given credit-card sales and refunds. 2. Find the fee on the net credit-card sales. 3. What is the total of the checks outstanding? 4. Find the total of the deposits that were not recorded Jessica Lange owns her own high-end hair salon and employs several hair stylists. Customers usually pay using either a debit card or a credit card, but they sometimes write checks or pay with cash. Her credit- card sales last week were $8752.40. During the same period, she had $573.94 in credit refunds and she pays fees of 21% on the net credit- card sales. The balance at the beginning of the week was $4228.34. Checks outstanding were $758.14, $38.37, $1671.88, $120.13, $2264.75, $78.11, $3662.73, $816.25, and $400. Lange had credit-card and bank deposits of $458.23, $771.18, $235.71, $1278.55, $663.52, and $1475.39 that were not recorded. 1. Find the net deposit given credit-card sales and refunds. 2. Find the fee on the net credit-card sales. 3. What is the total of the checks outstanding? 4. Find the total of the deposits that were not recorded

Answer rating: 100% (QA)

1 Net deposit given creditcard sales and refunds Net Credit Card Sales Credit Card Sa... View the full answer