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(a) (b) (a) (b) Whispering Winds Restaurant accepted a Visa card in payment of a...

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Accounting

(a) (b) (a) (b) Whispering Winds Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 2% fee. What entry should Whispering Winds make? Ayayai Company sold its accounts receivable of $60,000. What entry should Ayayai make, given a service charge of 1% on the amount of receivables sold? Account Titles and Explanation Debit Credit
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(a) Whispering Winds Restaurant accepted a Visa card in payment of a $200 lunch bill. The bank charges a 2% fee. What entry should Whispering Winds make? (b) Ayayai Company sold its accouns receivable of $60,000. What entry should Ayayai make, given a service charge of 1% on the amount of receivables sold

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