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    StoneCold9920's Avatar
    StoneCold9920 Posts: 1, Reputation: 1
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    May 12, 2008, 10:46 AM
    Accounts in General Ledger
    Mickey Company has the following accounts in its general ledger at July 31: Accounts Receivable, $40,000; and Allowance for Doubtful Accounts $2,500. During August, the following transactions occurred:

    Aug. 15 Sold $20,000 of accounts receivable to Good Factors, Inc. Who assesses a 3% finance charge.

    Aug. 25 Made sales of $900 on VISA credit cards. The credit card service charge is 2%
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    May 14, 2008, 09:18 PM
    Please see our guidelines on submitting homework help. It's at the top of this page in big red print.

    https://www.askmehelpdesk.com/financ...-b-u-font.html
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