Target Allows Customers to Use MasterCard B) C) D)None of the Above

question 30

Multiple Choice

Target allows customers to use MasterCard.It reports Sales revenue of $24 000 for the week.MasterCard charges Target a 3% fee.The journal entry for this transaction would be:

• A) \[\begin{array} { | l | r | r | }
• \hline \text { Sales revenue } & 24000 & \\
• \hline \text { Card fee expense } & 720 & \\
• \hline \text { Cash } & & 24720 \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | l | r | r | }
• \hline \text { Cash } & 23280 & \\
• \hline \text { Card fee expense } & 720 & \\
• \hline \text { Sales revenue } & & 24000 \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | l | r | r | }
• \hline \text { Cash } & 24000 & \\
• \hline \text { Card fee expense } & 720 & \\
• \hline \text { Sales revenue } & & 24720 \\
• \hline
• \end{array}\]
• D)None of the above.

Demonstrate culturally competent care through appropriate dietary and supportive actions.

Understand the concept of interacting groups and the characteristics that distinguish different types of teams.

Recognize strategies for building collective identification and mutual trust among team members.

Identify the roles and effectiveness of various team configurations in specific tasks, including product design and production.

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Definitions:

Specialty Products

Products that feature unique attributes distinguishing them from others in the market, motivating consumers to make special purchasing efforts.

High Perceived Value

The extent to which a product or service is regarded by a consumer as being worthy or beneficial, often relative to its cost.

Price

Price is the amount of money expected, required, or given in exchange for something else, such as a product or service.

Prestige

The reputation or high standing of something or someone, often acquired through quality, achievements, or exclusivity.