Brief Exercise 8 6 Your answer is partially correct. Try again. Consider these t

Question

Brief Exercise 8 6 Your answer is partially correct. Try again. Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) (a) Culver Corporation accepted a vsa card in payment of a $1,000 lunch bill. The bank charges a 4% fee, what entry should Culver Waterway tndustries sold its accounts receivable of $70,300. What entry should waterway Industries make, given a service charge of sold? Corporation " 4% on th No. Account Titles and Explanation Debit Service Charge Expense Click if you would like to Show Work fur this question: Sho ac LEST OF ACCOUNTS essing this Question

Explanation / Answer

(a) Cash $1824

Service chrgae expensess $76

Salles revenue $2000

(b) Cash $67488

Service revenue chrgaes $2812

Accounts receivable $70300

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