Question: Consider these transactions: (a) Draber Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry

Consider these transactions:
(a) Draber Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Draber make?
(b) Marin Company sold its accounts receivable of $65,000. What entry should Marin make, given a service charge of 3% on the amount of receivables sold?

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