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Luna Company accepted credit cards in payment for $6,850 of services performed during July Year 1 . The credit card company charged Luna a 2.00

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Luna Company accepted credit cards in payment for $6,850 of services performed during July Year 1 . The credit card company charged Luna a 2.00 percent service fee; it paid Luna as soon as it recelved the invoices. Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the recelvable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Prepare the general journal entry to record the service revenue. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar.) Journal entry worksheet Record service revenue on credit card payment and credit card expenses. Note: Enter debits before credits. Prepare the general journal entry to record the service revenue. (If no entry is required for a transaction) required" in the first account field. Round your answers to nearest whole dollar.) Journal entry worksheet Record service revenue on credit card payment and credit card expenses. Note: Enter debits before credits. Prepare the general journal entry for the collection of the receivable from the credit card company. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar.) Journal entry worksheet Luna Company accepted credit cards in payment for $6,850 of services performed during July Year 1 . The credit card company charged Luna a 2.00 percent service fee; it paid Luna as soon as it recelved the invoices: Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the recelvable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Based on this information alone, what is the amount of net income earned during the month of July? (Round your answer to nearest whole dollar.)

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