Your Company accepted credit card receivables in exchange for $50,000 of services provided to customers. The credit card company charges a 5% service charge. This transaction would

Your Company accepted credit card receivables in exchange for $50,000 of services provided to customers. The credit card company charges a 5% service charge. This transaction would decrease expenses by $2,500. increase cash by $50,000. increase Retained Earnings by $47,500. O decrease liabilities by $2,500. O increase Accounts Receivable by $50,000