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Q7.9: Busy Business is a large department store that has its own credit card, Busy Pay. On August 18, customers used the Busy Pay Credit

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Q7.9: Busy Business is a large department store that has its own credit card, "Busy Pay". On August 18, customers used the Busy Pay Credit Card to purchase $8,000 worth of goods. Customers who pay with this card are granted a 10% discount. The entry to record these sales should include a A credit to Accounts Receivable for $7,200 and a credit to Sales Discounts for $800. B debit to cash for $7,200 and a debit to Credit Card Expense of $800. debit to Sales for $7,200 and a debit to Sales Discounts of $800. D credit to Sales for $8,000

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