pls help me on 12-712&12-8

1.2.7 Presented here are (a) On March 3, Hinckley Appliances sells $580,000 of its receivables to Marsh Factors, Inc. Marsh Factors assesses a finance charge of 3 percent of the amount of receivables sold. Prepare the entry on Hinckley Appliances' books to record the sale of the receivables. (b) On May 10, Cody Company sold merchandise for $3,800 and accepted the customer's Allstar Bank MasterCard. At the end of the day, the Allstar Bank MasterCard receipts were deposited in the company's bank account. Allstar Bank charges a 4 percent service charge for credit-card sales. Prepare the entry on Cody Company's books to record the sale of merchandise. 12-8 Presented here are two independent situations. (a) On April 2, Julie Keiser uses her KitchenMart Company credit card to purchase kitchen supply from a KitchenMart store for $1,800. On May 1, Keiser is billed for the $1,800 amount due. Keiser pays $700 on the balance due on May 3. On June 1, Keiser receives a bill for the amount due, including interest at 1 percent per month on the unpaid balance as of May 3. Prepare the entries on KitchenMart books related to the transactions that occurred on April 2, May 3, and June 1. (b) On July 4, Newark's Restaurant accepts an American Express card for a $350 dinner bill. American Express charges a 4 percent service fee. On July 10, American Express pays Newark \$336. Prepare the entries on Newark's books related to the transactions