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Question 2 of 7 -/1 View Policies Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do

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Question 2 of 7 -/1 View Policies Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Pronghorn Restaurant accepted a Visa card in payment of a $150 lunch bill. The bank charges a 4% fee. What entry should Pronghorn make? (b) Culver Company sold its accounts receivable of $77.000. Whatentry should Culver make, given a service charge of 1% on the amount of receivables sold? la) Account Titles and Explanation Debit Credit (a) Cash Service Charge Expense Service 150 (b) Service Charge Expense Accounts Receivable Save for later Last saved 21 minutes ago Attempts: 0 of 1 used Submit Answer Saved work will be auto-submitted on the due date

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