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a. Tony's Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 2% fee. What entry should Tony's make?

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a. Tony's Restaurant accepted a Visa card in payment of a \$200 lunch bill. The bank charges a 2% fee. What entry should Tony's make? b. Nash Company sold its accounts receivable of $60,000. What entry should Nash make, given a service charge of 1% on the amount of receivables sold

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