On July 4, Kathis Restaurant accepts a Visa card for a $250 dinner bill. Visa charges a

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On July 4, Kathi’s Restaurant accepts a Visa card for a $250 dinner bill. Visa charges a 4% service fee.

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Prepare the entry on Kathi’s books related to the transaction.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 22, 2011 08:52 AM

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On July 4, Kathis Restaurant accepts a Visa card for a $250 dinner bill. Visa charges a

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Financial Accounting Tools for business decision making

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