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Consider these transactions: (Credit occount titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select 'No Entry'
Consider these transactions: (Credit occount titles are outomatically 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) Blue Spruce Restaurant accepted a Visa card in payment of a $125 lunch bill. The bank charges a 4% fee. What entry should Blue Spruce make? (b) Swifty Company sold its accounts receivable of $90,000. What entry should Swifty make, given a service charge of 2% on the amount of receivables sold
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