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McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 4% of the sale. When a customer uses a credit

McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 4% of the sale. When a customer uses a credit card to pay McGregor $1,100 for services provided, McGregor would: Debit cash for $1,100. Credit service revenue for $1,056. Debit service fee expense for $44. Credit service, revenue for $1,144

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