Multiple Choice
A customer purchased a $200 item at Best Bike Shop,paying with a credit card (VISA) .The merchant is charged a 2% fee by the credit card company.When recording this sale,the merchant would do which of the following?
A) debit trade receivables for $200.
B) credit sales revenue for $200.
C) credit sales revenue for $196.
D) credit unearned sales revenue for $200.
Correct Answer:
Verified
Correct Answer:
Verified
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