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Consider these transactions: (a) Wildhorse Co. accepted a Visa card in payment of a $375...

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Accounting

Consider these transactions:
(a) Wildhorse Co. accepted a Visa card in payment of a $375 lunch bill. The bank charges a 4% fee. What entry should Wildhorse make?
(b) Windsor, Inc. sold its accounts receivable of $64,900. What entry should Windsor make, given a service charge of 4% on the amount of receivables sold?
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Current Attempt in Progress Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) (a) Wildhorse Co, accepted a Visa card in payment of a $375 lunch bill. The bank charges a 4% fee. What entry should Wildhorse make? Windsor, Inc. sold its accounts receivable of $64,900. What entry should Windsor make, given a service charge of 4% on the amount of receivables sold? (b) No. Account Titles and Explanation Debit Credit (a) (b)

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