Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

(a)		Pharoah Company accepted a Visa card in payment of a $400 lunch bill. The bank charges a 4% fee. What entry should Pharoah make?
(b)		Shamrock, Inc. sold its accounts receivable of $61,600. What entry should Shamrock make, given a service charge of 4% on the amount of receivables sold?

No.	Account Titles and Explanation	Debit	Credit
(a)	enter an account title to record transaction A	enter a debit amount	enter a credit amount
	enter an account title to record transaction A	enter a debit amount	enter a credit amount
	enter an account title to record transaction A	enter a debit amount	enter a credit amount
(b)	enter an account title to record transaction B	enter a debit amount	enter a credit amount
	enter an account title to record transaction B	enter a debit amount	enter a credit amount
	enter an account title to record transaction B	enter a debit amount	enter a credit amount