Jervis accepts all major bank credit cards, including those issued by Northern Bank (NB), which assesses a 4.5% charge on sales for using its card. On June 28, Jervis had $5,800 in NB Card credit sales. What entry should Jervis make on June 28 to record the deposit?
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Home » Business » Jervis accepts all major bank credit cards, including those issued by Northern Bank (NB), which assesses a 4.5% charge on sales for using its card. On June 28, Jervis had $5,800 in NB Card credit sales.