TB MC Qu. 07-150 Kenal Company sold... Kenal Company sold $600 of merchandise to a customer who used a National Bank credit card. National Bank deducts a 3 service charge for www on its credit cards were electronically remits the credit card sales receipts to the credit card company and receives payment immediately. The journal entry to record the collection from the credit ca.com would be: Multiple Choice Debit Cash of 618 and credit Accounts Receivable-Nation 5618 Debit Cash of $618, credit Credit Card Expense $18 and credit Sales $600 Debit Accounts Receivable - National $587, debit Credit Card Expense $18 and credit Sale $600 Debit Cash $582, debit Credit Card Expense $18 and credit Sales S600 Debit Cash $582 and credit Sales $582