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Journal entry worksheet 1 Messing Company has an agreement with a third-party credit card...

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Accounting

Journal entry worksheet
1
Messing Company has an agreement with a third-party credit card company, which calls for cash to be received immediately upon deposit of customers' credit card sales receipts. The credit card company receives 3.5 percent of card sales as its fee. Messing has $4,000 in credit card sales on January 1.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[January 0,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]
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