Business, 19.05.2020 20:59 101EXPERIENCE
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Sunland Company accepted a Visa card in payment of a $425 lunch bill. The bank charges a 4% fee. What entry should Sunland make? (b) Splish Brothers Inc. sold its accounts receivable of $70,300. What entry should Splish Brothers make, given a service charge of 4% on the amount of receivables sold?
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