(Solution) - Judy s College Shirts sells sweatshirts with imprinted college l -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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Paper Details

Judy?s College Shirts sells sweatshirts with imprinted college logos in Honey Creek Mall. At the end of a recent day, Judy?s cash register included credit card documents for the following sales amounts:
MasterCard ......... $493.56
Visa ........... 371.93
The merchant?s charges are 2.3 percent for MasterCard and 2.8 percent for Visa. Judy?s also had cash sales of $2,390.41 and $1,300.50 of sales on credit to Rampdan Services, a local business.

Required:
Prepare a journal entry to record these sales.