! Required information SB The Yankee Corporation has recently begun... [The following information applies to the questions displayed below.] The Yankee Corporation has recently begun to accept credit cards. On July 7, Year 1, Yankee made a credit card sale of $600. The credit card company charges a fee of 3% for handling a credit card transaction. TB MC Qu. 07-69 Which of the following correctly shows... Which of the following correctly shows the effects of the sale on July 7? Stmt of Cash Flows Assets Liab. Stk. Equity 582 + Rev. Net Inc. Exp. NA A. 600 18 582 582 NA B. 582 NA 582 600 18 582 582 OA C. 582 NA 582 600 18 582 NA D. 600 NA 600 600 NA 600 NA Multiple Choice