Business, 13.05.2021 18:40 carmenguabaoql9kv
Sheridan Stores accepts both its own and national credit cards. During the year, the following selected summary transactions occurred. Jan. 15 Made Sheridan credit card sales totaling $28,000. (There were no balances prior to January 15.) 20 Made Visa credit card sales (service charge fee 3%) totaling $6,100. Feb. 10 Collected $14,000 on Sheridan credit card sales. 15 Added finance charges of 2.5% to Sheridan credit card account balances.
Required:
Journalize the transactions for Colaw Stores.
Answers: 1
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Sheridan Stores accepts both its own and national credit cards. During the year, the following selec...
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