h1-5

Consider these transactions: (List all debit entries before credit entries. Credit occount titles are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounte.) (a) Blossom Restaurant accepted a Visa card in payment of a $100 lunch bill. The bank charges a 4% fee. What entry should Blossom make? (b) Kingbird Company sold its accounts receivable of $59,200. What entry should Kingbird make, given a service charge of 4% on the amount of receivables sold? Consider these transactions: (List all debit entries before credit entries. Credit occount titles are automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounte.) (a) Blossom Restaurant accepted a Visa card in payment of a $100 lunch bill. The bank charges a 4% fee. What entry should Blossom make? (b) Kingbird Company sold its accounts receivable of $59,200. What entry should Kingbird make, given a service charge of 4% on the amount of receivables sold