Marigold filled up her vehicle using her debit card. The cost of the fill-up was $60.00. Each
Fantastic news! We've Found the answer you've been seeking!
Question:
Marigold filled up her vehicle using her debit card. The cost of the fill-up was $60.00. Each time a customer uses a debit card Petro Canada is charged a transaction fee of $0.50. The entry to record the transaction by Petro Canada is:
Accounts Receivable | 59.50 | |
Credit Card Expense | 0.50 | |
Sales | 60.00 |
Cash | 59.50 | |
Debit Card Expense | 0.50 | |
Sales | 60.00 |
Accounts Receivable | 60.00 | |
Sales | 60.00 |
Cash | 60.00 | |
Sales | 60.00 |
Related Book For
Accounting for Decision Making and Control
ISBN: 978-1259564550
9th edition
Authors: Jerold Zimmerman
Posted Date: