Complete this question by entering your answers in the tabs below. Prepare the general journal entry for the collection of the receivable from the credit card company. (If no entry is require transaction/event, select "No fournst entry required" in the first account field. Round your answers to nearest whole dolla Journal entry worksheet Record cash received for service revenue. Note Enter debits before creds. Luna Company accepted credit cards in payment for $7,050 of services performed during July Year 1 . The credit card company charged Luna a 2.50 percent service fee; it paid Luna as soon as it received the invoices. Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the receivable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Prepare the general journal entry to record the service revenue. (If no entry is required for a transaction/event, select " N required" in the first account field, Round your answers to nearest whole dollar.) Luna Company accepted credit cards in payment for $7,050 of services performed during July Year 1 . The credit card company charged Luna a 2.50 percent service fee; it paid Luna as soon as it received the invoices. Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the receivable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Based on this information alone, what is the amount of net income earned during the month of July? (Round your answer nearest whole dollar.) Complete this question by entering your answers in the tabs below. Prepare the general journal entry for the collection of the receivable from the credit card company. (If no entry is require transaction/event, select "No fournst entry required" in the first account field. Round your answers to nearest whole dolla Journal entry worksheet Record cash received for service revenue. Note Enter debits before creds. Luna Company accepted credit cards in payment for $7,050 of services performed during July Year 1 . The credit card company charged Luna a 2.50 percent service fee; it paid Luna as soon as it received the invoices. Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the receivable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Prepare the general journal entry to record the service revenue. (If no entry is required for a transaction/event, select " N required" in the first account field, Round your answers to nearest whole dollar.) Luna Company accepted credit cards in payment for $7,050 of services performed during July Year 1 . The credit card company charged Luna a 2.50 percent service fee; it paid Luna as soon as it received the invoices. Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the receivable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Based on this information alone, what is the amount of net income earned during the month of July? (Round your answer nearest whole dollar.)
