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A customer purchased a $1,000 item at ApplianceWorld, paying with a credit card. ApplianceWorld is charged a 1% fee by the credit card company. When
A customer purchased a $1,000 item at ApplianceWorld, paying with a credit card. ApplianceWorld is charged a 1% fee by the credit card company. When recording this sale, ApplianceWorld would: a. credit sales revenue for $1,000. b. credit deferred revenue for $1,000. c. credit sales revenue for $990. d. debit accounts receivable for $1,000.
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