If Abby, Inc

question 137

Multiple Choice

If Abby, Inc. sells items to a customer who uses a credit card for $1300, and there is a credit card fee of 2.5%, Abby will record a(n) : (Round your final answer to the nearest dollar.)

• A)credit to Sales Revenue for $1267.5.
• B)debit to Accounts Receivable for $1267.5.
• C)debit to Sales Expense for $32.5.
• D)debit to Credit Card Discount Expense for $32.5.