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    Financial Accounting Study Set 7
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    Exam 4: Cash and Receivables
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    Smart-T Has Just Signed Up for a BK Trust Debit
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Smart-T Has Just Signed Up for a BK Trust Debit

Question 136

Question 136

Essay

Smart-T has just signed up for a BK Trust debit card machine (interact)which charges a 1% fee.On March 15th Smart-T has debit card transactions totaling $15,550.Record the journal entry for this day's sales.

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