ABC Company sold $ 2 , 0 0 0 in advertising services to XYZCompany. For simplicity, assume
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ABC Company sold $ in advertising services to XYZCompany. For simplicity, assume the sale, provision of services, and payment all occurred on the same day. XYZCo. made payment by credit card. ABC Co pays credit card processing fees of on each transaction. Record the journal entries for both ABC Co and XYZ Co
Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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