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-   -   How do I journalize received $4523 from credit card after $115 was deducted (https://www.askmehelpdesk.com/showthread.php?t=744386)

  • Apr 15, 2013, 07:08 AM
    Stilzes
    How do I journalize received $4523 from credit card after $115 was deducted
    In a debit/credit entry journal, how would I enter this statement:

    Received $5,325 from American Express Company after a $115 collection fee had been deducted.

    Thank you
  • Apr 15, 2013, 07:10 AM
    Stilzes
    How do I record this statement in a debit/credit journal entry?
    Received $4523 from American Express Company after $115 had been deducted deducted

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