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What is the total debit to accounts receivable

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Reference no: EM132234154

Question - Emerald Jewelers is a retail store operating in Ontario, where the GST is 5% and the PST is 8%. For the month of June, Emerald sold $45,000 worth of jewelry to customers, 60% of which were cash sales and the balance paid by credit cards. Credit card fees are 2.5%. Based on this information, what is the total debit to Accounts Receivable for the month of June?

$50,342

$44,550

$50,850

$45,000

Reference no: EM132234154

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