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una Company accepted credit cards in payment for $6,150 of services performed during July Year 1. The credit card company harged Luna a 2.25 percent
una Company accepted credit cards in payment for $6,150 of services performed during July Year 1. The credit card company harged Luna a 2.25 percent service fee; it paid Luna as soon as it recelved the invoices. Required a. Prepare the general joumal entry to record the service revenue. b. Prepare the general journal entry for the collection of the recelvable from the credit card company. c. Based on this information alone, what is the amount of net income earned during the month of July? Complete this question by entering your answers in the tabs below. Prepare the general joumal entry to record the service revenue. (If no entry is required for a transaction/event, select "No journal entry required" in the first account ficld, Round your answers to nearest whole dollar.)
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