Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 06 Aug 2017 My Price 4.00

Topeka Stores

Topeka Stores accepts both its own and national credit cards. During the year the following selected summary transactions occurred.

Jan. 15 Made Topeka credit card sales totaling 18,000. (There were no balances prior to January 15.)

Jan. 20 Made Visa credit card sales (service charge fee 2%) totaling 4,300.

Feb. 10 Collected 10,000 on Topeka credit card sales.

Feb. 15 Added finance charges of 1% to Topeka credit card balance.

Requirement:

a. Journalize the transactions for Topeka Stores. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)

Answers

Maurice Tutor
(5)
Status NEW Posted 06 Aug 2017 03:08 PM My Price 4.00

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