Schofield Retailers Accepted $40,000 of Silver Bank MasterCard Credit Card

Schofield Retailers accepted $40,000 of Silver Bank MasterCard credit card charges for merchandise sold on August 1.Silver Bank charges 4% for its credit card use.The entry to record this transaction by Schofield Retailers will include a credit to Sales Revenue of $40,000 and a debit to (or debits to)

A) Cash for $38,400 and Service Charge Expense for $1,600.
B) Accounts receivable for $38,400 and Service Charge Expense for $2,400.
C) Cash for $40,000.
D) Accounts Receivable for $40,000.