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A retailer has 4% credit/debit card service fees deducted from the proceeds from each sale. The retailer has $1,200 in sales for the day. The
A retailer has 4% credit/debit card service fees deducted from the proceeds from each sale. The retailer has $1,200 in sales for the day. The journal entry to record these sales would be: Select one: O A debit Sales for $1.200 and credit Cash for $1,200. . debit Accounts Receivable for $1,200 and credit Sales for $1,200. O C. debit Cash for $1,152 and credit Sales for $1,152. O D. debit Cash for $1,200 and credit Sales for $1,200. O E. debit Cash for $1,152, debit Credit Card Expense for $48, and credit Sales for $1,200
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