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Instructions Prepare the entry on Plume Appliances' books to record the sale of the receivables. E8.9 (LO 2), AP On May 10, Keene Company sold

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Instructions Prepare the entry on Plume Appliances' books to record the sale of the receivables. E8.9 (LO 2), AP On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of the day, the Best Business Bank MasterCard receipts were deposited in the company's bank account. Best Business Bank charges a 3.8% service charge for credit card sales. Prepare entry for credit card sale

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