Problem-6- A. Calioe Company receives a $10,000, 4-month, 3% promissory note from Ella Company in settlement of an open accounts receivable. What entry will Galine Company make upon receiving the note? B. The financial statements of the ABC Manufacturing Company reports net sales of $460,000 and accounts receivable of $60,000 and $30,000 at the beginning of the year and end of year, respectively 1. What is the accounts receivable turnover for Nelson? 2. What is the average collection period for accounts receivable in days? C. Chinese Restaurant accepted a Visa card in payment of a $100 lunch bill. The bank charges a 2% fee. What entry should Tastee make? D. ABC Company sold its accounts receivable of $125,000. What entry should ABC make, given a service charge of 4% on the amount of receivables sold