9 ut of Newland 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 Newland Retailers will include a credit to Sales Revenue of $80,000 and a debit(s) to a Cash $76,800 and Service Charge Expense $3,200. b. Accounts Receivable 580.000 Oc Accounts Receivable 586,400 and Service Charge Expense $3,200. d. Cash 576,800 and Interest Expense $3.200 uestion jous page Next page VE 2 Y 3 4 6 Example W E RI Units S Bep. Inventory