Lurer Mempu Progress Presented below are two independent transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually) a. b. Tony's Restaurant accepted a Visa card in payment of a $150 lunch bill. The bank charges a 4% fee. What entry should Tony's make? Windsor Company sold its accounts receivable of $83,000. What entry should Windsor make given a service charge of 1% on the amount of receivables sold? Account Titles and Explanation Debit Credit a Cash b. Cash Factoring Fee Accounts Receivable Presented below are two independent transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Tony's Restaurant accepted a Visa card in payment of a $150 lunch bill. The bank charges a 4% fee. What entry should Tony's make? b. Windsor Company sold its accounts receivable of $83,000. What entry should Windsor make, given a service charge of 1% on the amount of receivables sold? a. Account Titles and Explanation Debit Credit a. Cash b. Cash Factoring Fee Accounts Receivable