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Business, 22.04.2020 18:58 meechristianp

Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided to a customer. The credit card company charges a 5% fee for handling the transaction. What effect will the collection of cash from the credit card company have on the elements of the financial statements

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Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided...
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