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Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 5% charge on sales for using its card. On May 26, Brinker had $6,800 in First Savings Bank Card credit sales. What entry should Brinker make on May 26 to record the deposit? Multiple Choice O Debit Cash $7340; credit Credit Card Expense $340; credit Sales 56,800. o O Debit Cash 56,460, debt Credit Card Expense $340, credit Sales $6.800 O Debit Cash 56.800. Credit Sales $6,800. o o O Dub Accounts Receivable 56,460, debit Credit Card Expense $340, credit Sales $6,800. o o Debit Accounts Receivable 56.000, credit Sales $6,000, Mohr Company purchases a machine at the beginning of the year at a cost of $36,000. The machine is depreciated using the double-declining balance method. The machine's useful life is estimated to be 5 years with a $5,000 salvage value. The machine's book value at the end of year 2 is: Multiple Choice S10.200. 518600 $12,00 621600 $4.400 Internal control systems are: Multiple Choice C) Developed by the Small Business Administration for non-public companies. 0 C) Developed by the Securities and Exchange Commission for public companies 0 0 Required only if a company plans to engage in interstate commerce. Developed by the Internal Revenue Service for all U.S.companies. 0 Required by Sarbanes-Oxley (SOX) to be documented and certified if the company's stock is traded on an exchange la public company) 0 Assume that the custodian of a $645 petty cash fund has $127.50 in coins and currency plus $499.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice A credit to Cash for $499.50 Adebit to Cash for $482. Adebit to Petty Cash for $499.50. A credit to Cash Over and Short for $518 A debit to Cash Over and Short for $18.00

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