CES CALCULATOR PRINTER VERSION 4 BACK NEXT Exercise 8-09 On May 10, Sheridan Company sold...
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Accounting
CES CALCULATOR PRINTER VERSION 4 BACK NEXT Exercise 8-09 On May 10, Sheridan Company sold merchandise for $5,500 and accepted the customer's Best Business Bank MasterCard. At the end of the day, the Best Business Bank MasterCard receipts were deposited in the company's bank account. Best Business Bank charges a 4.40% service charge for credit card sales. Prepare the entry on Sheridan Company's books to record the sale of merchandise. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 10 Click if you would like to Show Work for this question: Open Show Work

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