Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by...

  

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Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction, they pay $0.20. For credit cards, they pay 1.0% of the total of credit card transactions. On October 16, 2019, Ben compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $730 30 Debit Card $4360 123 Credit Card $2300 68 Required Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the total debit/credit card expense for October 16. Total Debit/Credit Card Expense $ b) Record the journal entry for the day's sales ignoring cost of goods sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Oct 16 To record day's sales Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction, they pay $0.20. For credit cards, they pay 1.0% of the total of credit card transactions. On October 16, 2019, Ben compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $730 30 Debit Card $4360 123 Credit Card $2300 68 Required Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the total debit/credit card expense for October 16. Total Debit/Credit Card Expense $ b) Record the journal entry for the day's sales ignoring cost of goods sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Oct 16 To record day's sales

Answer rating: 100% (QA)

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