Question: 4. LO 9.1 American Signs allows customers to pay with their Jones credit card and cash. Jones charges American Signs a 3.5% service fee for
4. LO 9.1 American Signs allows customers to pay with their Jones credit card and cash. Jones charges American Signs a 3.5% service fee for each credit sale using its card. Credit sales for the month of June total $328,430, where 40% of those sales were made using the Jones credit card. Based on this information, what will be the total in Credit Card Expense at the end of June? Solution
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