# AP-24A Inventory: Merchandising Transactions Chapte AP-24A LO 3 chidey's Wraps operates as a sandwich and wrap...

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AP-24A
Inventory: Merchandising Transactions Chapte AP-24A LO 3 chidey's Wraps operates as a sandwich and wrap shop. Its customers can pay by cash, debit or credit card. Fo each debit transaction, Shirley pays $0.20. For credit cards, she pays 2% of the total of credit card transaction On May 13, 2018, Shirley compiled the following summary for the work day. Transaction Type Total Number of Transactions Cash$425 Debit Card 327 Credit Card 0 Required a) Calculate the total debit/credit card expense for May 13. b) Record the journal entry for the day's sales. (Ignore COGS.) Debit Credit Date Account Title and Explanation AP-25A LO 3 Metaurant. Its customers can pay by cash, debit or credit card. For each debit nenntinne On March

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