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A customer pays for legal services for $3,200 using her bank credit card. The service fee the bank charges the retailer is 3.5%. The entry

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A customer pays for legal services for $3,200 using her bank credit card. The service fee the bank charges the retailer is 3.5%. The entry made to record the transaction by the retailer is Select one a. debit Cash $3,200: credit Service Revenue, $3,200 b. debit Cash, $3,200 credit Service Revenue 53,088 credit Bank Card payable $112 c debit Cash. 53,088, debit Credit Card Expense. $112; credit Service Revenue 53,200 d. debit Accounts Receivable, 53.088, debit Credit Card Expense. 5112: credit Service Revenue, $3,200 edebit Cash 53.088 Credit Service Revenue, 53,088 A business is preparing its monthly bank reconciliation based on the following Cash per books, December 11, 57,900 Outstanding cheques. $2500: Interest expense, 5275: Deposits in transit $150; EFT collections by bank $950 and NSF cheque, 5310 The adjusted cash balance per books on December 31 is Select one: a $8.265 b. 58.815 56.915 d:57 900

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