Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Aug 2017 My Price 4.00

American Express

Journalize the entries for the following transactions:
a. Sold merchandise for cash, $12,150. The cost of the merchandise sold was $9,100.
b. Sold merchandise on account, $6,000. The cost of the merchandise sold was $4,000.
c. Sold merchandise to customers who used MasterCard and VISA, $30,780. The cost of the merchandise sold was $20,000.
d. Sold merchandise to customers who used American Express, $17,650. The cost of the merchandise sold was $10,500.
e. Received an invoice from National Credit Co. for $1,900, representing a service fee paid for processing MasterCard, VISA, and American Express sales.

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Maurice Tutor
(5)
Status NEW Posted 12 Aug 2017 08:08 PM My Price 4.00

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