Britta's Sandwiches operates as a sandwich and wrap shop. Its customers can pay by cash, debit...

  

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Britta's Sandwiches operates as a sandwich and wrap shop. Its customers can pay by cash, debit or credit card. For each debit transaction, Britta pays $0.25. For credit cards, Britta pays 4% of the total credit card transactions. On October 14, 2019, Britta compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $434 51 Debit Card $324 41 Credit Card $0 0. Required Do not enter dollar signs or commas in the input boxes. a) Calculate the total debit/credit card expense for October 14. Total Debit/Credit Card Expense $ b) Record the journal entry for the day's sales ignoring Cost of Goods Sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Oct 14 To record day's sales Britta's Sandwiches operates as a sandwich and wrap shop. Its customers can pay by cash, debit or credit card. For each debit transaction, Britta pays $0.25. For credit cards, Britta pays 4% of the total credit card transactions. On October 14, 2019, Britta compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash $434 51 Debit Card $324 41 Credit Card $0 0. Required Do not enter dollar signs or commas in the input boxes. a) Calculate the total debit/credit card expense for October 14. Total Debit/Credit Card Expense $ b) Record the journal entry for the day's sales ignoring Cost of Goods Sold. For transactions with more than one debit, enter the debit accounts in alphabetical order. Date Account Title and Explanation Debit Credit 2019 Oct 14 To record day's sales

Answer rating: 100% (QA)

A D 1 Date General Journal Debit Credit 2 oct 14 2019 Cash 43400 3 B... View the full answer