Ahmed Company Accepts a Credit Card as Payment for $950

question 121

Multiple Choice

Ahmed Company accepts a credit card as payment for $950 of services provided for the customer. The credit card company charges a 4% handling charge for its collection services. Select the answer that shows how the entry to record the sale would affect Ahmed's financial statements.

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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