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Record the journal entry for the day sales ignoring cost

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Leslie and Ben run a dry cleaners together, called Pawny Cleaners. Their customers can pay by cash, debit or credit card. For each debit transaction, they pay $0.15. For credit cards, they pay 4.0% of the total of credit card transactions. On November 6, 2019, Ben compiled the following summary for the work day.

  • total of Cash$720 and number fo transaction is 35
  • Total of Debit Card$4330 and number of transaction is 122
  • total of Credit Card$2400 and number of transaction is65

Problem a) Record the journal entry for the day's sales ignoring cost of goods sold.

Problem b) cash, Debit/ Credit Card Expense, and sales Revenue?

Reference no: EM132832324

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