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19% D Sat g-48 PM Erk Mutiple Choice Questions Help Save&Exit Mackenzie Company sold $460 of merchandise to a customer who used a Regional Bank

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19% D Sat g-48 PM Erk Mutiple Choice Questions Help Save&Exit Mackenzie Company sold $460 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 15% service charge for sales on its credt cards and credits Mackenzies account immediately when sales are made. The journal entry to record this sale transaction would be Debit Cash of $460 and credit Sales 5460 Debit Cash of $460 and credit Accounts Receivaible $460 Debit Accounts Receivable $460 and credit Sales $460 Debit Cash $453.10 debit Credit Card Expense $6.90 and credit Sales $460 Debit Cash $45310 and creda Sales $45310 prev 55of75 Next >

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