7. Thompson Corporation has a sale in the amount of $10,000. The customer pays by credit card. The credit card processor charges 3% and uses the gross method. The journal entry to record the transaction on the date of sale would include a

A. debit to Cash for $9,700.

B. credit to Cash for $9,700.

C. debit to Cash for $10,000.

D. credit to Cash for $10,000.