Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 6.00

MasterCard and VISA

 

 

 

 

 

 

 

 

 

 

Journalize the entries for the following  transactions:

a.        Sold merchandise for cash, $6,900. The cost of the merchandise sold was $4,830.

b.       Sold merchandise on account, $7,500. The cost of the merchandise sold was $5,625.

c.        Sold merchandise to customers who used MasterCard and VISA, $10,200. The cost of the merchandise sold was $6,630.

d.       Sold merchandise to customers who used American Express, $7,200. The cost of the merchandise sold was $5,040.

e.        Paid an invoice from City National Bank for $675, representing a service fee for process- ing MasterCard and VISA sales.

f.        Received $6,875 from American Express Company after a $325 collection fee had been deducted.

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 09:08 PM My Price 6.00

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