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Mackenzie Company sold $480 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 20% service charge for sales

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Mackenzie Company sold $480 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 20% service charge for sales on its credit cards and credits Mackenzie's account immediately when sales are made. The journal entry to record this sale transaction would be Mulle Cheice

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