Ferrero Bakery made a sale of $80, plus 5 percent sales tax, to a customer using a
Question:
Ferrero Bakery made a sale of $80, plus 5 percent sales tax, to a customer using a bank credit card. The credit card company charges a 2 percent discount fee. What is the amount of the credit card expense on this sale?
a. $1.68
b. $82.32
c. $1.60
d. $82.40
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 9781260780352
5th Edition
Authors: David Haddock, John Price, Michael Farina
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