Corrine's Catering accepted a bank-issued credit card in payment of a $2,000 sales transaction. Corrine's bank charges 4% to process the transaction. The journal entry to record the sales transaction using the net method will include a:

Select one:

credit to Sales Revenue for $1,920

debit to Cash for $2,000

debit to Credit Card Expense for $80

All of these answers are correct.