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Oriole Restaurant accepted a Visa card in payment of a $300 lunch bill. The bank charges a 2% fee. What entry should Oriole make? Sage

Oriole Restaurant accepted a Visa card in payment of a $300 lunch bill. The bank charges a 2% fee. What entry should Oriole make? Sage Hill Company sold its accounts receivable of $68,400. What entry should Sage Hill make, given a service charge of 2% on the amount of receivables sold

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