On April 16, Oriole Company made sales of $9.000 to customers using credit cards for payment....
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On April 16, Oriole Company made sales of $9.000 to customers using credit cards for payment. The credit card company charges Oriole a service fee of 2.7% for credit card transactions. Prepare the entry to record the credit card sales. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, eg 5,275) Date Account Titles and Explanation Debit Credit April 16 Cash Credit Card Expense Sales 9,000 On April 16, Oriole Company made sales of $9.000 to customers using credit cards for payment. The credit card company charges Oriole a service fee of 2.7% for credit card transactions. Prepare the entry to record the credit card sales. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to 0 decimal places, eg 5,275) Date Account Titles and Explanation Debit Credit April 16 Cash Credit Card Expense Sales 9,000
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Related Book For
Accounting Principles Volume 1
ISBN: 978-1119502425
8th Canadian Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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