Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on may 10, oriole company sold merchandise for $5,

On May 10, Oriole Company sold merchandise for $5,000 and accepted the customer's Best Business...

50.1K

Verified Solution

Question

Accounting

image
On May 10, Oriole Company sold merchandise for $5,000 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 3.70% service charge for credit card sales. Prepare the entry on Oriole Company's books to record the sale of merchandise. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

In 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara...

Biology
1.2K views

1 Find out the EC number for the enzyme Adenylate Kinase 2 Explain what each...

Biology
1.2K views

What disease is NOT a result of a mutation in the receptor tyrosine kinases a...

Biology
1.2K views

Which of the following best describes the sequence in which a detrital sedimentary rock forms...

Physics
1.2K views

38 A positively charged ring is in y z plane with its centre at origin...

Calculus
1.2K views

Sketch the region of integration and evaluate the following integral 15x dA R is bounded...

Algebra
1.2K views

10 2x 9 58 115 3x 5 9 X zolgnA vist 12 qmo be algna...

Accounting
1.2K views

2 Question (1) For each of the following transactions...

Accounting
1.2K views

! Required information [The following information applies to the questions displayed below.] ...

Accounting
1.2K views

Bluebird MFG. has received a special one time order of 15,000 bird feeders at $3.30...

Accounting
1.2K views

Suppose you are risk averse with expected medical expenses of $900/per year. If a medical...

Accounting
1.2K views

On January 2,2021, Athol Company bought a machine for use in operations. The machine has...