Alpha Company sold goods to customers who used Under-the-Hill bank
Alpha Company sold goods to customers who used Under-the-Hill bank
credit cards. Credit card sales on July 8, 2016 amounted to $12,000 and were subject to a 2.5% bank fee. Use this information to prepare the General Journal entry (without explanation) for July 8, 2016. If no entry is required then write “No Entry Required.” Need understanding on how to make this a journal entry?