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On April 5 Donna's Boutique Accepted a Visa Card for a $600

Question 26

Multiple Choice

On April 5 Donna's Boutique accepted a Visa card for a $600 purchase. Visa charges a 2% service fee. The entry to record this transaction would include a


A) credit to Cash of $588.
B) debit to Cash of $600.
C) debit to Service Charge Expense of $12.
D) credit to Service Charge Expense of $12.

Correct Answer:

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