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Brief Exercise 9-07 a-b Presented below are two independent transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Tony's
Brief Exercise 9-07 a-b Presented below are two independent transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 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? Marigold Company sold its accounts receivable of S 75,000 what entry should Marigold make, given a service charge of 1% on the amount of receivables sold? | a. b. Account Titles and Explanation Debit Credit a. b
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