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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Teal Mountain Inc. accepted a Visa card in
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Teal Mountain Inc. accepted a Visa card in payment of a S800 lunch bill. The bank charges a 2% fee. What entry should Teal Mountain Inc. make? Windsor, Inc. sold its accounts receivable of $60, 400. What entry should Windsor, Inc. make, given a service charge of 2% on the amount of receivables sold
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