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Consider these transactions: (Credit account titles are automatically Indented when amount is entered. Do not Indent manually) (a) Sheridan Company accepted a Visa card in

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Consider these transactions: (Credit account titles are automatically Indented when amount is entered. Do not Indent manually) (a) Sheridan Company accepted a Visa card in payment of a $450 lunch bill. The bank charges a 2% Pee. What entry should Skysong, Inc. sold its accounts receivable of $71,300. What entry should Skysong make, given a service charge of 2% on the amount of receivables sold? Sheridan make? (b) Debit Credit No. Account Titles and Explanation (a) (b)

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