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  3. Study Set
    Fundamentals of Financial Accounting Study Set 5
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    Exam 8: Reporting and Interpreting Receivables, Bad Debt Expense, and Interest Revenue
  5. Question
    Credit Card Companies Charge a Fee to the Seller That
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Credit Card Companies Charge a Fee to the Seller That

Question 14

Question 14

True/False

Credit card companies charge a fee to the seller that accepts the credit cards and this fee is recorded by the seller as a non-operating expense on the Income Statement.

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