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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 Entry
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 Ofor the amounts.) (a) Riverbed Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 4% fee. What entry should Riverbed make? Concord Company sold its accounts receivable of $85,000. What entry should Concord make, given a service charge of 2% on the amount of receivables sold? (b) Account Titles and Explanation Debit Credit (a) Accumulated Depreciation-Equipment Accumulated Depreciation-Equipment (b)
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