On 11/2, Wawa collects $10,000 in sales revenue from credit card payments. These payments are processed by a credit card processor which charges a 5% fee to Wawa for collecting the credit card charges and depositing the money collected to Wawa's cash account at their bank. The amount of sales revenue recorded by Wawa for credit card sales for 11/2 is $9,500.

Group of answer choices

True

False