Question
(a)SwiftyRestaurant accepted a Visa card in payment of a $175lunch bill. The bank charges a4% fee. What entry shouldSwiftymake?(b)Blue SpruceCompany sold its accounts receivable of
(a)SwiftyRestaurant accepted a Visa card in payment of a $175lunch bill. The bank charges a4% fee. What entry shouldSwiftymake?(b)Blue SpruceCompany sold its accounts receivable of $83,000. What entry shouldBlue Sprucemake, given a service charge of3% on the amount of receivables sold?
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
