Your answer is correct. Why are national credit card sales considered cash sales even though cash is not received at the time the transaction is carried out? because the issuer absorbs any losses associated with a failure to collect because there is no other way to differentiate national and store-issued credit sales because the service fee must be recorded as a cash loss because the credit card issuer guarantees payment Solution Major credit cards, such as Visa, MasterCard, and American Express, charge retailers a service fee per credit card transaction in exchange for the services the credit card companies provide to guarantee a customer's payment, effectively making these payments the same as cash. These services include investigating the customer's credit, maintaining the customer's creditcard