Brief Exercise 8-07 Consider these transactions: (Credit Countries are automatically indented o n a n interes. Det indent l y.) (a) Cullumber Company accepted a Visa card in payment of a $275 lunch bill. The bank charges a 4% fee. What entry should Cullumber make? (b) Marin Inc. sold its accounts receivable of $69,100. What entry should Marin make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation