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Brief Exercise 8-07 Consider these transactions: (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) (a) Carla Vista Co. accepted

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Brief Exercise 8-07 Consider these transactions: (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) (a) Carla Vista Co. accepted a Visa card in payment of a $400 lunch bill. The bank charges a 2 fee. What entry should Carla Vista make? (b) Tamarisk, Inc. sold its accounts receivable of $65,000. What entry should Tamarisk make, given a service charge of 2% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (b) Click if you would like to Show Work for this question: Open Show Work

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