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Assume a retail co makes a 5,000 depost of credit card receipt for salees made on visa and mastercard and the bank charge a 4% service charge for sales on these card. The company woulld debit cash for?
Question|Rated good
Asked 7/3/2009 12:31:31 PM
Updated 65 days ago|2/20/2024 12:34:36 AM
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User: Assume a retail co makes a 5,000 depost of credit card receipt for salees made on visa and mastercard and the bank charge a 4% service charge for sales on these card. The company woulld debit cash for?

Weegy: They would buy about 2000 boxes of popsicles and east them all on their roof in the sun
Expert answered|korin125|Points 0|

User: i don't think this pertain to my question. Ok just show the calculation and the debit credit format.

Weegy: 5,200
Expert answered|korin125|Points 0|

User: debit cash and credit what

Weegy: Advice: Use pre-paid credit cards
Expert answered|korin125|Points 0|

User: Thank you a lot

Weegy: they are very good. ps no problem
Expert answered|korin125|Points 0|

Question|Rated good
Asked 7/3/2009 12:31:31 PM
Updated 65 days ago|2/20/2024 12:34:36 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
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Assume a retail co makes a 5,000 depost of credit card receipt for salees made on visa and mastercard and the bank charge a 4% service charge for sales on these card. The company would debit cash for: 4800.
Solution
5000*.04 = 200
5000 - 200 = 4800
Added 65 days ago|2/20/2024 12:34:31 AM
This answer has been confirmed as correct and helpful.
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