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16. A credit sale of $2,500 to a customer would result in: A. A debit to the Accounts Receivable account in the general ledger and
16. A credit sale of $2,500 to a customer would result in: A. A debit to the Accounts Receivable account in the general ledger and a debit to the customers account in the accounts receivable ledger B. A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger C. A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger D. A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger E. A credit to Sales and a credit to the customer's account in the accounts receivable ledger 17. Acme Company has an agreement with a major credit card company which calls for cash to be received immediately upon deposit of Acme customers' credit card sales receipts. The credit card company receives 3.5% of card sales as its fee. If Acme has S2,000 in credit card sales, which of the following statements is true? A. Acme debits Cash $2,000 B. Acme debits Cash $1,930 C Acme debits Accounts Receivable - Credit Card Co $2,000 D. Acme debits Accounts Receivable- Credit Card Co $1,930 E. Acme credits Sales $1,930
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