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43 44 45 PROBLEM SIX - DISPOSING OF ACCO 10 points 146 747 148 PROBLEM SIX - DISPOSING OF ACCOUNTS RECEIVABLE 3 journal entries 149

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43 44 45 PROBLEM SIX - DISPOSING OF ACCO 10 points 146 747 148 PROBLEM SIX - DISPOSING OF ACCOUNTS RECEIVABLE 3 journal entries 149 GENERAL JOURNAL ACCOUNT TITLE DATE 152 150 151 Garcia Company has accounts receivable of $ 3,000 Prepare the journal entries for the following transactions: 153 154 1-Sep Added 1% finance charges to $900 company credit card balances for not paying within 30 days. 155 156 10-Sep Sold $2,000 of accounts receivable to the Factors, Inc. who charge a 5% commission. 157 158 20-Sep Made VISA credit card sales of $500. Current VISA fee is 4%. 159 160 161 162 163 164 165 Sheet1 Sheet2 Sheet3 Ready a

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