123pts Bad Debt Expense is considered an internal control weakness an avoidable cost in doing business on a credit basis. a necessary risk of doing business on a credit basis. avoidable unless there is a recession Question 30 3.25 pts Jasmine Retailers accepted $80,000 of Citibank Visa credit card charges for merchandise sold on July 1. Citibank charges 4% for its credit card use. The entry to record this transaction by Jasmine Retailers will include a credit to Sales Revenue of $80,000 and a debit to (or debits to) Cash $76,800 and Service Charge Expense $3,200. Accounts Receivable $80,000. Accounts Receivable $76,800 and Service Charge Expense $3.200. Cash $76,800 and Interest Expense $3,200