On march 17th, pinny sporting goods accepted a credit card purchase for $900. the credit card company charges a 2% service fee. the entry to record this transaction would include a a : debit to service charge expense of $18. b : credit to service charge expense of $18. c : credit to cash of $882. d : debit to cash of $900.

A : debit to Service Charge Expense of $18.

Step-by-step explanation:

First, one should calculate the value, in dollars of the credit card service fee

Fee = 2% x $900 = $18.

Since this fee is classified as "money coming out" of the account, the entry to a record of this transaction should include a debit to Service Charge Expense of $18.

The correct answer is alternative A.

*The whole purchase amount ($900) should be credited and the service expense should be debited, unlike alternative C, which merges both entries into one.

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step-by-step explanation:

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answer: a video game has three difficulty levels: easy, medium, and expert. the game's scoring works in such a way that a player has to score a fixed number of points to advance to the next level, and then the scoring starts over. the total score needed to clear all three difficulty levels is 7,500. two times the number of points needed to clear the easy level is 500 more than the number of points needed to clear the medium level. twice the number of points needed to clear the medium difficulty level is 1,500 more than the number of points needed to clear the expert level. if x, y, and z represent the easy, medium, and expert levels, respectively, and a is the coefficient matrix of the system of equations modeling this situation, identify the inverse matrix, a-1, and the solution matrix, x, of the system of equations.

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