The Candle Corporation has recently begun to accept credit cards. On July $7,$ Candle made a credit card sale of $$600.$ Assume that the credit card fee is recorded on the date of sale and that the credit card company charges a fee of $3\%.$

Which of the following correctly shows the effects of the sale on July $7?$

Balance Sheet

Assets $=$ Liabilities $+$ Income Statement

Statement of Cash Flows

A$.60018582582\frac{n}{a}582\frac{n}{a}$

B$.582\frac{n}{a}58260018582582$ OA

C$.582\frac{n}{a}58260018582$ n$/$a

D$.600\frac{n}{a}600600\frac{n}{a}600\frac{n}{a}$

C

A

B

D