Multiple Choice
If Abby,Inc.sells items to a customer who uses a credit card for $1,000,and there is a credit card fee of 1.5%,Abby will record a(n) :
A) credit to Sales Revenue for $985.
B) debit to Accounts Receivable for $985.
C) debit to Sales expense for $65.
D) debit to Credit Card Discount Expense for $15.
Correct Answer:
Verified
Correct Answer:
Verified
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