Answer | |||
Account Title | debit | Credit | |
Cash | $1,593.19 | ||
Accounts Receivable | $1,000.00 | ||
Service charge expense | $ 23.81 | (756*1.8%)+(486*2.1%) | |
Sales revenue (756+486+375+1000) | $2,617.00 |
Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business Required: Prepare a journal entry to record these sales. If an amount...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Visa 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business Required: Prepare a journal entry to record these sales. If an amount...
Cornerstone Exercise 5-33 (Algorithmic) Accounting for Credit Card Sales Frank's Tattoos and Body Piercing operates near campus. At the end of a recent day, Frank's cash register included credit card documents for the following sales amounts: MasterCard $756 Via 486 The merchant's charges are 1.8% for MasterCard and 2.1% for Visa, Frank's also had cash sales of $375 and $1,000 of sales on credit to a local business. Required: Prepare a journal entry to record these sales. If an amount...
Cornerstone Exercise 4-21 (Algorithmic) Cash Over and Short On a recent day, Pence Company obtained the following data from its cash registers: Cash Sales per Register Tape Cash in Register after Removing Opening Change $12,650.01 Register 1 $12,656.12 11,429.57 11,591.18 Register 2 Register 3 11,425.42 11,590.18 Pence deposits its cash receipts in its bank account daily Required: amount box does not require an entry, leave it blank. Round your ans 35,676.87 x Prepare a journal entry to record Cash Cash...
Mastery Problem: Job Order Costing Purl of Great Price Company Marla Young is the sole stockholder of Purl of Great Price Company (POGP Company), which produces high-end knitted sweaters and sweater vests for sale to retail outlets. The company started in January of the current year, and employs three knitters (each of whom work 40 hours per week) and one office manager/knitting supervisor (this employee works 20 hours per week as office manager, and 20 hours per week as knitting...
O B newconnectmheducation.com/flow/connect Chapter 15 Homework Help Save & Exh Submit Check my work U . Required information Bergamo Bay's computer system generated the following trial balance on December 31, 2019. The company's manager knows something is wrong with the trial balance because it does not show any balance for Work in Process Inventory but does show a balance for the Factory Overhead account. In addition, the accrued factory payroll Factory Wages Payable has not been recorded. Credit Debit $...
Maria Young is the sole stockholder of Purl of Great Price
Company (POGP Company), which produces high-end knitted sweaters
and sweater vests for sale to retail outlets. The company started
in January of the current year, and employs three knitters (each of
whom work 40 hours per week) and one office manager/knitting
supervisor (this employee works 20 hours per week as office
manager, and 20 hours per week as knitting supervisor). All wages
are paid in cash at the end...
Chapter 12 eBook Show Me How Calculator Recording Partner's Original Investment 1 EX 12.03.EXCEL ALGO Instruction Chart of Accounts Journal 2. EX 12.18 EXCEL ALGO Instruction 3. EX 12.08 BLANKSHEETAL... 4. PE 1203A BLANKSHEET 5. EX 1201 BANSHEETAL... Vanessa Kaser and Mariah Newman decide to form a nacheshi by combining the assets of their separate businesses Kaiser contributes the following assets to the pateicas, 524500, accounts receivable with a tece amount of $161.0 and an allowance for doubt accounts of...