On July 4, Sandhill’s Restaurant accepts a Visa card for a $160 dinner bill. Visa charges a 5% service fee. Prepare the entry on Sandhill’s books related to this transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)  Date Account Titles and Explanation Debit Credit July 4                         eTextbook and Media

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 4Q: American Signs allows customers to pay with their Jones credit card and cash. Jones charges American...
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On July 4, Sandhill’s Restaurant accepts a Visa card for a $160 dinner bill. Visa charges a 5% service fee.

Prepare the entry on Sandhill’s books related to this transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 

Date
Account Titles and Explanation
Debit
Credit
July 4
     
       
       
 

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