Solved

If Abby,Inc

Question 146

Multiple Choice

If Abby,Inc.sells items to a customer who uses a credit card for $1,900,and there is a credit card fee of 2.5%,Abby will record a(n) : (Round your final answer to the nearest dollar. )


A) credit to Sales Revenue for $1,852.
B) debit to Accounts Receivable for $1,852.
C) debit to Sales Expense for $48.
D) debit to Credit Card Discount Expense for $48.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions