Business
Business, 12.11.2019 07:31, TekoaDaHedgie12

Mackenzie company sold $180 of merchandise to a customer who used a regional bank credit card. regional bank deducts a 4% service charge for sales on its credit cards. mackenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately. the journal entry to record this sale transaction would be: o debit cash of $180 and credit sales $180. o debit cash of $180 and credit accounts receivable-regional $180. debit accounts receivable-regional s172.80; debit credit card expense $7.20 and credit sales $180. debit cash $172.80; debit credit card expense $7.20 and credit sales $180. o debit cash $172.80 and credit sales $172.80. question 25 a company borrowed $10,000 by signing a 180-day promissory note at 9%. the total to be paid at maturity of the note is: (use 360 days a year.) $10,450 $10,900 $10,075 $11,800 $10,300

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