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Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) (a) Sandhill Co 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) Sandhill Co accepted a Visa card in payment of a $150 lunch bill. The bank charges a 4% fee. What entry should Sandhill (b) Teal Mountain Inc. sold its accounts receivable of $68,000. What entry should Teal Mountain make, given a service charge of 4% on the amount of receivables sold? make? No. Account Titles and Explanation Debit Credit (b)

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