Hep Save Exit Sub TB MC Qu 07 149 Mackenzie Company sold Mackenzie Company sold $560 of merchandise to a customer who used a Regional Bank credit card Regional Bank deducts a 6 0 service charge for sales on its credit cards Mackenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately The journal entry to record this sale transaction would be Multiple Choice Debit Cash of $560 and credit Sales $560 Debit Cash of $560 and credit Accounts Receivable Regional $560 Debit Accounts Receivable Regional $526 40 debit Credit Card Expense $33 60 and credit Sales $560 Debit Cash $526 40 debit Credit Card Expense $33 60 and credit Sales $560 Debit Cash $526 40 and credit Sales $526 40

Question

Hep Save   Exit Sub TB MC Qu  07 149 Mackenzie Company sold    Mackenzie Company sold $560 of merchandise to a customer who used a Regional Bank credit card  Regional Bank deducts a 6 0  service charge for sales on its credit cards  Mackenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately The journal entry to record this sale transaction would be  Multiple Choice Debit Cash of $560 and credit Sales $560  Debit Cash of $560 and credit Accounts Receivable Regional $560 Debit Accounts Receivable Regional $526 40  debit Credit Card Expense $33 60 and credit Sales $560 Debit Cash $526 40  debit Credit Card Expense $33 60 and credit Sales $560  Debit Cash $526 40 and credit Sales $526 40

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Hep Save & Exit Sub TB MC Qu. 07-149 Mackenzie Company sold... Mackenzie Company sold $560 of merchandise to a customer who used a Regional

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