Luna Company accepted credit cards in payment for $7,050 of services performed during July Year 1. The credit card company charged Luna a 4.25 percent service fee; it paid Luna as soon as it received the invoices. Prepare the general journal entry to record the service revenue.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

the answer is a.

by: nicholas dooley

answer; blank(1); /// whitelisting; blank(2); // blacklisting;