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Consider these transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) a. Tony's Restaurant accepted a Visa card in

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Consider these transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) a. Tony's Restaurant accepted a Visa card in payment of a $350 lunch bill. The bank charges a 2% fee. What entry should Tony's make? Novak Company sold its accounts receivable of $83,000. What entry should Novak make, given a service charge of 3% on the amount of receivables sold? b. Account Titles and Explanation Debit Credit a. Cash 336 Service Charge Expense 7 Sales Discounts 350 b. Cash

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