Consider these transactions:

(a) Wildhorse Co. accepted a Visa card in payment of a $375 lunch bill. The bank charges a 4% fee. What entry should Wildhorse make?

(b) Windsor, Inc. sold its accounts receivable of $64,900. What entry should Windsor make, given a service charge of 4% on the amount of receivables sold?

Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) (a) Wildhorse Co, accepted a Visa card in payment of a $375 lunch bill. The bank charges a 4% fee. What entry should Wildhorse make? Windsor, Inc. sold its accounts receivable of $64,900. What entry should Windsor make, given a service charge of 4% on the amount of receivables sold? (b) No. Account Titles and Explanation Debit Credit (a) (b)