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View Policies Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no
View Policies Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Flounder Restaurant accepted a Visa card in payment of a $175 lunch bill. The bank charges a 4% fee. What entry should Flounder make? (b) Novak Company sold its accounts receivable of $73,000. What entry should Novak make, given a service charge of 2% on the amount of receivables sold? Account Titles and Explanation Debit Credit (a) Cash Service Charge Expense (b) e Textbook and Media List of Accounts Assistance Used Save for Later Last saved 11 seconds ago. Attempts: 0 of 5 used Submit Answer Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes
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