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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Sarasota Restaurant accepted a Visa card in payment of a $175 lunch bill. The bank charges a 4% fee. What entry should Sarasota make? (b) Bridgeport Company sold its accounts receivable of $72,000. What entry should Bridgeport make, given a service charge of 3% on the amount of receivables sold? (a) (b) Account Titles and Explanation Debit
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