MacKenzle Company sold $720 of merchandise to a customer who used a Regional Bank credit card. Reglonal Bank charges a 20% fee for sales on its credit cards. The journal entry to record this sales transaction would be: Multiple Choice Debit Cash of $720 and credit Sales $720. Debit Cash of $720 and credit Accounts Recelvable $720. Debit Accounts Recelvable $720 and credit Sales $720. Debit Cash $705.60; debit Credit Card Expense $14.40 and credit Sales $720 Debit Cash $705.60 and credit Sales $705.60