A company made the following sales transactions: Total debit card sales = $240,000. Total credit card sales
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Question:
A company made the following sales transactions:
- Total debit card sales = $240,000.
- Total credit card sales = $430,000.
- Total cash sales = $820,000.
- Total check sales = $110,000.
There is a 3% charge on all credit card transactions.
Calculate the total sales revenue recorded for the year.
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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