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Calculate the total debit-credit card expense for September

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Question - Annie's Edibles operates as a sandwich and wrap shop. Its customers can pay by cash, debit or credit card. For each debit transaction, Annie pays $0.15. For credit cards, Annie pays 2% of the total credit card transactions. On September 12, 2019, Annie compiled the following summary for the work day.

Cash $43954, Debit Card $33944 and Credit Card $00

a) Calculate the total debit/credit card expense for September 12.

b) Record the journal entry for the day's sales ignoring Cost of Goods Sold.

Reference no: EM132909328

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