Timmy's Tires sold 18,750 worth of tires to customers using ...

[big1devin]

Timmy's Tires sold 18,750 worth of tires to customers using MasterCard. The credit card fee is 4 of sales. What is the amount of cash Timmy's Tires should collect from sales?
 
  A) 750
  B) 19,500
  C) 18,750
  D) 18,000

Question 2

If an adjustment for an NSF check is made in a company's bank reconciliation, then the company must havewritten a bad check during the month.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[olderstudent]

Answer to Question 1

D

Answer to Question 2

False