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Jones Company accepted a credit card on a sale of $6,000 on December 19 Year 1 On January 18 Year 2 Jones Company received $5,880

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Jones Company accepted a credit card on a sale of $6,000 on December 19 Year 1 On January 18 Year 2 Jones Company received $5,880 from the credit card company which deducted a fee of 2% How should these transactions be reflected in the income statement of Jones Compony? Mecha O Recogne revenue of $6.000 in Year 2 and expense of $120 in Year 2 Recognize revenue of $5.880 in Year 1 and expense of $120 in Year 1 Recognize revenue of $5.880 in Year 2 Oo oo Recognize revenue of $6.000 in Year 1 and expense of $120 in Year 1 Recognize revenue of $6.000 in Year 1 and expense of $120 in Year 2

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