Business
Business, 06.03.2020 20:33, lineaeriksen

Maple Woodworking accepts credit cards at its store. Maple's credit card processor charges a fee of 2% of the total amount of any credit sale. Assume that Ralph Stone purchases $ 9 comma 000 of custom furniture and pays with a VISA card. Make the entry that Maple would make to record the sale to Stone. (You do not need to make the cost of goods sold entry in this exercise.) (Record debits first, then credits. Exclude explanations from any journal entries. Assume that since this is a custom order, no refunds or returns are allowed.)

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Maple Woodworking accepts credit cards at its store. Maple's credit card processor charges a fee of...

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