solve the following Transaction September 1 Beginning balance September 12 Purchase September 15 Purchase September 21 Payment
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solve the following
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Transaction September 1 Beginning balance September 12 Purchase September 15 Purchase September 21 Payment Date (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in September. Also, a purchase increases the unpaid balance, and a payment decreases the unpaid balance. Transaction Transaction amount $1500.25 $94.02 $460.80 $550.00 September 15 Purchase September 21 Payment Date Number of days at that balance September 1 Beginning balance $1500.25 $1500.25 11 days (from September 1 through September 11) September 12 Purchase $94.02 $1594.27 $460.80 days (from September 12 through September 14) $6 days (from September 15 through September 20) $ 10 days (from September 21 through September 30) Total: 30 days $550.00 Transaction amount Unpaid balance Unpaid Number balance of days $16,502.75 $ S Total: S Transaction September 1 Beginning balance September 12 Purchase September 15 Purchase September 21 Payment Date (a) Use the credit card statement to help fill in the table below. Note that there are 30 days in September. Also, a purchase increases the unpaid balance, and a payment decreases the unpaid balance. Transaction Transaction amount $1500.25 $94.02 $460.80 $550.00 September 15 Purchase September 21 Payment Date Number of days at that balance September 1 Beginning balance $1500.25 $1500.25 11 days (from September 1 through September 11) September 12 Purchase $94.02 $1594.27 $460.80 days (from September 12 through September 14) $6 days (from September 15 through September 20) $ 10 days (from September 21 through September 30) Total: 30 days $550.00 Transaction amount Unpaid balance Unpaid Number balance of days $16,502.75 $ S Total: S
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The provided images contain information about credit card transactions and balances across different dates in September and include a table where some ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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