Use This Information to Answer the Following Question $\$ 800$

Multiple Choice

Use this information to answer the following question. Chupka Company experienced the following events during the period:
1. A tabulation of invoices at the end of the day showed $\$ 800$ in MasterCard invoices, which were deposited in a bank account at full value less a 5 percent discount.

2.Made a sale on American Express card for $\$ 400$ and mailed invoice to American Express for payment. The discount charged by American Express is 4 percent. The entry to record transaction 2 would include a(n)

A) increase in Accounts Receivable for $400.
B) increase in Sales for $400.
C) decrease in Credit Card Expense for $16.
D) decrease in Cash for $384.