Problem

(L. OBJ. 6) Recording credit-card and bankcard sales [5 min] Restaurants do a large vol...

(L. OBJ. 6) Recording credit-card and bankcard sales [5 min]

Restaurants do a large volume of business by credit cards and bankcards. Suppose Salad Company restaurant had these transactions on January 28, 2011:

Suppose National Express charges merchants 2.00% and ValueCard charges 1.50%

Requirement

1. Journalize these sale transactions for the restaurant.

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Solutions For Problems in Chapter 8

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