Question 5 thx.

Presented below are three receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a statement of financial position. (a) Advanced $10 000 to an employee. b) Received a promissory note of $57 000 for services performed. (c) Sold inventory on account for $60 000 to a customer Click cell & use d Click cell & use Click cell & use Question 5 Cell referencing not required for this sheet. You can type numbers to the $ value entry cells (a) Marner's Deli accepted a VISA credit card for payment of a $400 dinner. The bank charges a 6% fee. What journal entry should be made? (b) Mezza Ltd sold its accounts receivable of $90,000. What journal entry should Mezza make, given a service charge of 5% on the amount of receivables sold? Transaction (a) Debit a/c #1 value Debit a/c #2 value Note: You may not require 2 debits and 2 credits. Credit a/c #1 Credit a/c #2 alue alue Transaction (b) Debit a/c #1 value t a/c value Note: You may not require 2 debits and 2 credits. Credit a/c #1 Credit a/c #2 alue alue