On November 1, 2016, Your Company accepted a credit card as payment for $2,000 of...
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Accounting
On November 1, 2016, Your Company accepted a credit card as payment for $2,000 of services provided to one of its customers. (The credit card fee of 3% is recorded on the date of the sale.) How much cash will your company collect as a result of this transaction? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DISCRIPTIONS.
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