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All of the Following Are Regarding Credit Card Expense Except

Question 75

Multiple Choice

All of the following are regarding credit card expense except:


A) Credit card expense may be classified as a "discount" deducted from sales to get net sales.
B) Credit card expense may be classified as a selling expense.
C) Credit card expense may be classified as an administrative expense.
D) Credit card expense is not recorded by the seller.
E) Credit card expense is a fee the seller pays for services provided by the card company.

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