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PROBLEM SIX-DISPOSING OF ACCOUNTS RECEIVABLE 3 journal entries 10 points PROBLEM SIX-DISPOSING OF ACCOUNTS RECEIVABLE 3 journal entries Garcia Company has accounts receivable of
PROBLEM SIX-DISPOSING OF ACCOUNTS RECEIVABLE 3 journal entries 10 points PROBLEM SIX-DISPOSING OF ACCOUNTS RECEIVABLE 3 journal entries Garcia Company has accounts receivable of $3,500 Prepare the journal entries for the following transactions 1-Feb Added 1% finance charges to $600 company credit card balances for not paying within 30 days 10-Feb Sold $3,000 of accounts receivable to the Factors, Inc. who charge a 5% commission 20-Feb Made VISA credit card sales of $400. Current VISA fee is 4% GENERAL JOURNAL DATE ACCOUNT TITLE Debit Credit
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