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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manualiy. If no entry is required, select No Entry'
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manualiy. If no entry is required, select "No Entry' for the occount titles and enter ofor the amounts.) (a) Whispering Winds Restaurant accepted a Visa card in payment of a $200 lunch bill, The bank charges a 2% fee. What entry should Whispering Winds make? (b) Ayayai Compary sold its accounts receivable of $60,000. What entry should Ayayai make, given a service charge of 1% on the amount of receivables sold
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