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Author Question: Sales to customers who use bank credit cards such as MasterCard and Visa are usually recorded by a ... (Read 148 times)

madam-professor

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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



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Hikerman221

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Answer to Question 1

b

Answer to Question 2

FALSE




madam-professor

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Reply 2 on: Jul 5, 2018
Wow, this really help


cpetit11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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