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A customer makes a $1.600 purchase at Appliance World, paying with a credit card. Appliance World is charged a 4% fee by the credit card
A customer makes a $1.600 purchase at Appliance World, paying with a credit card. Appliance World is charged a 4% fee by the credit card company. When recording this sale, Appliance World would: Multiple Choice Credit Sales Revenue for $1,600 Credit Deferred Revenue for $1,600. Debit Accounts Receivable for $1,600 Credit Sales Revenue for $1,536
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