Question: Module 7 (Chapter 7) Assignment Q 2 Ed 8 W V2 Sunny Travel Service Co. is a travel agency providing travel services. Sunny Travel allows

Module 7 (Chapter 7) Assignment Q 2 Ed 8 W V2 Sunny Travel Service Co. is a travel agency providing travel services. Sunny Travel allows a few customers to pay for travel services on credit. Other customers may use their Visa Credit card, which charges a 5% service charge for transaction on its credit card. Customers can also pay with their debit cards, which the bank charges $1.00 fee on all debit card transactions. Of course, customers can pay with cash. Sunny Travel completed the following transactions during the month of April 2022: April 1 Provided travel service of $3,500 to a customer who used their debit card. 15 Provided travel services to J. Koi for $5,900 under credit terms of 2/15, n/60. 28 Provided travel services of $1,800 to a customer who used their Visa card. Instructions: Record the above transactions in the General Journal data entry form provided

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!