5. Non bank credit card vouchers totalling 4000 were remitted to a private credit cars...
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Accounting
5. Non bank credit card vouchers totalling 4000 were remitted to a private credit cars company. The entry at that time was a debit to Account receivable for 60000 and a credit to sales for 4000. A cheque is received from credit card company for 54000 representing payment in full for these vouchers less a 6000 credit card fee. Journalise the entry to recorded upon receipt of the cheque
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