They show for a few days or months
Answer:
Debit Cash $1,261
Dr card discount expense $39,
Credit Sales Revenue for $1,300
Explanation:
Stelloh's Berry Farm Journal entries
Debit Cash $1,261
($1,3,00-$39)
Dr card discount expense $39,
(3%×$1,300)
Credit Sales Revenue for $1,300
Answer: Debit Vacation Benefits Expense $6,600; credit Vacation Benefits Payable
Explanation:
Based on the information given in the question, the journal entry will be:
Debit Vacation benefits expense $6600
Credit Vacation benefits payable $6600
Therefore, the correct option is D.
