Accounting for Credit Card Sales Chassoul & Company pays a three percent credit card fee on all credit sales, and receives a cash deposit immediately following each credit card transaction. If credit sales for the company total $30,000 on January 15, what journal entry should be recorded to recognize the receipt of cash and the credit card fee expense? Debit Cash $29,100; debit Credit Card Fee Expense $900. Debit Cash $29,100; credit Credit Card Fee Expense $900. Debit Cash $30,900; debit Credit Card Fee Expense $900. Debit Cash $30,900; credit Credit Card Fee Expense $900