MacKenzie Company sold $380 of merchandise to a customer who used a Regional Bank credit card. Regional Bank charges a 1.5% fee for sales on its credit cards. The journal entry to record this sales transaction would be: Multiple Choice O O O Debit Cash of $380 and credit Sales $380. Debit Cash of $380 and credit Accounts Receivable $380. Debit Accounts Receivable $380 and credit Sales $380. Debit Cash $374.30; debit Credit Card Expense $5.70 and credit Sales $380. Debit Cash $374.30 and credit Sales $374.30. E

MacKenzie Company sold $380 of merchandise to a customer who used a Regional Bank credit card. Regional Bank charges a 1.5% fee for sales on its credit cards. The journal entry to record this sales transaction would be: Multiple Choice Debit Cash of $380 and credit Sales $380. Debit Cash of $380 and credit Accounts Receivable $380. Debit Accounts Receivable $380 and credit Sales $380. Debit Cash $374.30; debit Credit Card Expense $570 and credit Sales $380. Debit Cash $374.30 and credit Sales $374.30 MacKenzie Company sold $380 of merchandise to a customer who used a Regional Bank credit card. Regional Bank charges a 1.5% fee for sales on its credit cards. The journal entry to record this sales transaction would be: Multiple Choice Debit Cash of $380 and credit Sales $380. Debit Cash of $380 and credit Accounts Receivable $380. Debit Accounts Receivable $380 and credit Sales $380. Debit Cash $374.30; debit Credit Card Expense $570 and credit Sales $380. Debit Cash $374.30 and credit Sales $374.30