Stello’s Berry Farm accepted a bank-issued credit card in payment of a $1,300 sales transaction. Stelloh’s bank charges 3% to process the transaction. The Journal entry to record the sales transaction will include (Ignore cost of goods sold)

A Stellos Berry Farm accepted a bank-issued credit card in payment of a $1,300 sales transaction. Stellohs bank charges 3%
A Stello’s Berry Farm accepted a bank-issued credit card in payment of a $1,300 sales transaction. Stelloh’s bank charges 3% to process the transaction. The Journal entry to record the sales transaction will include (Ignore cost of goods sold) O A. a debit to Cash for $1,300 and a credit to Sales Revenue for $1,300 OB. a debit to Accounts Recevable for $1,261 and a credit to Sales Revenue for $1,261 O C. a debit to Accounts Receivable for $1,300, a debit to Credit Card Revenue for $39 and a credit to Sales Revenue for $1.339 O D. a debit to Cash for $1.261, a debit to Credit Card Fee for $39 and a credit to Sales Revenue for $1,300 Click to select your answer How do I prepare an AR aging report? pe here to search

 


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The post Stello’s Berry Farm accepted a bank-issued credit card in payment of a $1,300 sales transaction. Stelloh’s bank charges 3% to process the transaction. The Journal entry to record the sales transaction will include (Ignore cost of goods sold) appeared first on nursing assignment tutor.