30-Sep	The following information is available:
	Sales Revenue (net credit sales)	1,200
	Accounts Receivable	800
	Allowance for Doubtful Accounts	15	(credit balance)
	Prepare the journal entry assuming that bad debts are expected to be 6% of accounts receivable.
	GENERAL JOURNAL
DATE	ACCOUNT TITLE		DEBIT	CREDIT

	Garcia Company has accounts receivable of		$ 2,500
	Prepare the journal entries for the following transactions:
1-Sep	Added 1% finance charges to $600 company credit card balances for not paying within 30 days.
10-Sep	Sold $7,000 of accounts receivable to the Factors, Inc. who charge a 5% commission.
20-Sep	Made VISA credit card sales of $800. Current VISA fee is 4%.
	GENERAL JOURNAL
DATE	ACCOUNT TITLE		DEBIT	CREDIT