X intercept: y = 0
y= -3/4x -4
0 = -3/4 x - 4
4= -3/4 x
4 • -4/3 = x
-5.3 = x
y intercept: x = 0
y = -3/4 x -4
y = -3/4 (0) -4
y = -4
the points are (-5.3, 0) and (0, -4)

3 0

3 years ago

On March 17th, Pinny Sporting Goods accepted a credit card purchase for $900. The credit card company charges a 2% service fee.

Vera_Pavlovna [14]

Answer:

A : debit to Service Charge Expense of $18.

Step-by-step explanation:

First, one should calculate the value, in dollars of the credit card service fee

Fee = 2% x $900 = $18.

Since this fee is classified as "money coming out" of the account, the entry to a record of this transaction should include a debit to Service Charge Expense of $18.

The correct answer is alternative A.

*The whole purchase amount ($900) should be credited and the service expense should be debited, unlike alternative C, which merges both entries into one.

6 0

3 years ago