Luna Company accepted credit cards in payment for $7,300 of services performed during July Year...
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Accounting
Luna Company accepted credit cards in payment for $ of services performed during July Year The credit card company charged Luna a percent service fee; it paid Luna as soon as it received the invoices. Prepare the general journal entry to record the service revenue. Prepare two general journals to record service revenue, and the amount of net income during the month of July.
Luna Company accepted credit cards in payment for $ of services performed during July Year The credit card company charged Luna a percent service fee; it paid Luna as soon as it received the invoices. Prepare the general journal entry to record the service revenue. Prepare two general journals to record service revenue, and the amount of net income during the month of July.
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