Assume that the sales made by Wessling Corporation for the month ended February 28,were made to customers using credit cards and totaled $5,666.Prepare one journal entry to record these sales assuming that all of the credit card companies charge Wessling Corporation a 2.5 percent discount fee.(Omit date.)Round to the nearest whole dollar.
Definitions:
Buyer Behavior
The study of how individuals or groups select, purchase, use, or dispose of goods, services, ideas, or experiences to satisfy their needs and desires.
Marketing Management
The process of planning, executing, and overseeing marketing strategies and tactics to attract, engage, and retain customers.
Attracting Customers
The strategies and tactics businesses use to draw potential buyers towards their products or services.
Existing One
This term does not seem to have a clear definition in a professional or business context and might not be a standard key term.
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