Geraci’s accepts all major bank credit cards, including thos…
Geraci’s accepts all major bank credit cards, including those issued by Parkway Bank (PB), which assesses a 3.0% charge on sales for using its card. On June 28, Geraci’s had $6,000 in Parkway Bank (PB) Card credit sales. What entry should Geraci’s make on June 28 to record the deposit?