MacKenzie Company sold $680 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4.0% service charge for sales on its credit cards. MacKenzie electronically remits the credit card sales receipts to the credit card company and receives payment in approximately 5 days. The journal entry to record this sale transaction would be:.a. Debit Cash of $680 and credit Sales $680.b. Debit Cash of $680 and credit Accounts Receivable Regional $680.c. Debit Accounts Receivable Regional $652.8; debit Credit Card Expense $27.2 and credit Sales $680.d. Debit Cash $652.8; debit Credit Card Expense $27.2 and credit Sales $680.e. Debit Cash $652.8 and credit Sales $652.8.
Answers: 3
Business, 21.06.2019 23:50
Juan has a retail business selling skateboard supplies he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town he keeps finding that he has to reorder certain supplies all the time but others only once a year how can he solve this problem?
Answers: 1
Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
Business, 23.06.2019 00:00
The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:
Answers: 2
Business, 23.06.2019 09:40
Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.
Answers: 3
MacKenzie Company sold $680 of merchandise to a customer who used a Regional Bank credit card. Regio...
Chemistry, 20.09.2020 21:01
Business, 20.09.2020 21:01
Mathematics, 20.09.2020 21:01
Mathematics, 20.09.2020 22:01
Mathematics, 20.09.2020 22:01
Chemistry, 20.09.2020 22:01
History, 20.09.2020 22:01
Engineering, 20.09.2020 22:01
Mathematics, 20.09.2020 22:01
Mathematics, 20.09.2020 22:01