Consider these transactions: (List all debit entries before credit entries. Credit account titles are automatically...
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Accounting
Consider these transactions: List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts.
a Carla Vista Restaurant accepted a Visa card in payment of a $ lunch bill. The bank charges a fee. What entry should Carla Vista make?
b Tamarisk Company sold its accounts receivable of $ What entry should Tamarisk make, given a service charge of on the amount of receivables sold?
No Account Titles and Explanation
Debit
Credit
a
b
Answer & Explanation
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