Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please show work, thanks! brief exercise 8-6 con

please show work, thanks! Brief Exercise 8-6 Consider these transactions: (Credit account titles...

90.2K

Verified Solution

Question

Accounting

image
please show work, thanks!
Brief Exercise 8-6 Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Sage Hill Inc, accepted a Visa card in payment of a $1,300 lunch bill. The bank charges a 3% fee. What entry should Sage H Inc. make? (b) Sunland Company sold its accounts receivable of $64,500. What entry should Sunland Company make, given a service charg of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b) Question Attempts: O af 5 used

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students