A=850×(1+0.08)^(8)
A=1,573.29
Interest 1573.29-850=723.29
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.
Answer:31
Step-by-step explanation:
3 goes into 4,677, 1559 times!!
Hope this helps!!!
Love: Madoriya~ <3
