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When a company makes a sale to a customer who uses a credit card such as Visa or MasterCard, the company: A debits cash because

When a company makes a sale to a customer who uses a credit card such as Visa or MasterCard, the company:

A

debits cash because it knows the credit card company will pay within a day or two.
B

sends a check to the credit card company for the amount of the service fee.
C

recognizes revenue for the full amount of the sale.
D

debits a contra-revenue for the amount of the credit card fee.

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