Restaurants do a large volume of business by credit cards and bankcards Suppose Salad Company restaurant had these transactions on January 28, 2011 Suppose National Express charges merchants 2 00 and ValueCard charges 1 50 Requirement 1 Journalize these sale transactions for the restaurant National...

Based on the image here are the journal entries to record the credit card transactions for Salad Company Restaurant on January 28 2011 National Express Debit Sales National Express 10200 Credit Accoun ...

Restaurants do a large volume of business by credit cards and bankcards. Suppose Salad Company restaurant had

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Restaurants do a large volume of business by credit cards and bankcards. Suppose Salad Company restaurant had these transactions on January 28, 2011:

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Suppose National Express charges merchants 2.00% and ValueCard charges 1.50%
Requirement
1. Journalize these sale transactions for the restaurant.

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Financial And Managerial Accounting

ISBN: 9780135080191

2nd Edition

Authors: Charles T Horngren, Jr Walter T Harrison

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Question Posted: May 13, 2024 02:01 PM

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Restaurants do a large volume of business by credit cards and bankcards. Suppose Salad Company restaurant had

Question:

National Express credit-card sales..... $ 10,200 ValueCard bankcard sales 8,000

Step by Step Answer:

Based on the image here are the journal entries to record the credit card transactions for Salad Company Restaurant on January 28 2011 National Express Debit Sales National Express 10200 Credit Accoun...View the full answer

Financial And Managerial Accounting

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