Business, 19.11.2019 03:31 fish64

Consider these transactions: (credit account titles are automatically indented when amount is entered. do not indent manually.) (a) cullumber company accepted a visa card in payment of a $1,700 lunch bill. the bank charges a 4% fee. what entry should cullumber company make? (b) sheffield corp. sold its accounts receivable of $61,600. what entry should sheffield corp. make, given a service charge of 4% on the amount of receivables sold?

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