On July 4, Kingbird Restaurant accepts a Visa card for a $200 dinner bill. Visa charges a 4% service fee. Prepare the entry on Kingbird 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 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 enter a debit amount enter a credit amount
On July 4, Kingbird Restaurant accepts a Visa card for a $200 dinner bill. Visa charges a 4% service fee. Prepare the entry on Kingbird 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 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 enter a debit amount enter a credit amount
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
On July 4, Kingbird Restaurant accepts a Visa card for a $200 dinner bill. Visa charges a 4% service fee. Prepare the entry on Kingbird 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
|
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
|
enter a debit amount
|
enter a credit amount
|
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