Question: Current Attempt in Progress Whispering Winds Corp. accepted a national credit card for a $9900 purchase. The cost of the goods sold is $5900. The

Current Attempt in Progress Whispering Winds Corp. accepted a national credit card for a $9900 purchase. The cost of the goods sold is $5900. The credit card company charges a 4% fee. What is the impact of this transaction on net operating income? Increase by $3874. Increase by $3604 Increase by $10804 Increase by $3820 Question 20 of 29 Tamarisk, Inc. receives a $18000, 3-month, 9% promissory note from Nash's Trading Post. LLC in settlement of an open accounts receivable. What entry will Tamarisk, Inc make upon receiving the note? 18405 Notes Receivable Accounts Receivable-Nash's Trading Post LLC Interest Revenue 18000 405 Notes Receivable 18405 18405 Accounts Receivable-Nash's Trading Post, LLC Notes Receivable 18000 18000 Accounts Receivable-Nash's Trading Post, LLC Notes Receivable 18000 Interest Receivable 405 18000 Accounts Receivable-Nash's Trading Post, LLC Interest Revenue 405
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