some help is needed. answer will be greatly reviewed.

Exercise 7-14A Reconling cridit cant rales Luna Company accepted credit cards in payment for $6,000 of services performed during July Year 1 . The credit card company charged Luna a 4 percent service fee: it paid Luna as soon as it received the invoices. Required a. Prepare the general journal entry to record the service revenue. b. Prepare the general journal entry for the collection of the receivable from the credit eard company. c. Based on this information alone, what is the amount of net income earued during the month of July