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On July 4, Ivanhoe's Restaurant accepts a Visa card for a $300 dinner bill. Visa...

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Question

Accounting

On July 4, Ivanhoe's Restaurant accepts a Visa card for a $300 dinner bill. Visa charges a 2% service fee. Prepare the entry on Ivanhoes books related to the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

July 4

enter an account title

enter a debit amount

enter a credit amount

enter an account title

enter a debit amount

enter a credit amount

enter an account title

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