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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Flounder Corp. accepted a Visa card in payment

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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Flounder Corp. accepted a Visa card in payment of a $ 2,000 lunch bill. The bank charges a 2% fee, what entry should Flounder Corp. make? Oriole Company sold its accounts receivable of $ 67,100. What entry should Oriole Company make, given a service charge of 2% on the amount of receivables sold? (a) No. Account Titles and Explanation Debit Credit

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