This topic contains a solution. Click here to go to the answer

Author Question: Sales to customers who use bank credit cards such as MasterCard and Visa are usually recorded by a ... (Read 38 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
Sales to customers who use bank credit cards such as MasterCard and Visa are usually recorded by a
 a. debit to Bank Credit Card Sales, debit to Credit Card Expense, and a credit to Sales
  b. debit to Cash and a credit to Sales
  c. debit to Cash, credit to Credit Card Expense, and a credit to Sales
  d. debit to Sales, debit to Credit Card Expense, and a credit to Cash

Question 2

Supplies on the balance sheet equals the amount of supplies used up during a period.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

b

Answer to Question 2

FALSE




madam-professor

  • Member
  • Posts: 584
Reply 2 on: Jul 5, 2018
Gracias!


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library