Question: Question 2 of 7 -/1 E View Policies Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered.
Question 2 of 7 -/1 E View Policies Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) (a) Pronghorn Restaurant accepted a Visa card in payment of a $150 lunch bill. The bank charges a 4% fee What entry should Pronghorn make? (b) Culver Company sold its accounts receivable of $77,000. What entry should Culver make, given a service charge of 1% on the amount of receivables sold? Account Titles and Explanation Debit Credit (a) (b) Attempts: 0 of 1 used Submit Answer Save for Later
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