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Sales to Customers Who Use Bank Credit Cards Such as MasterCard

Question 99

Multiple Choice

Sales to customers who use bank credit cards such as MasterCard and Visa are usually recorded by a(n) :


A) decrease in Bank Credit Card Sales, increase in Credit Card Expense, and increase in Sales.
B) increase in Cash, increase in Credit Card Expense, and increase in Sales.
C) increase in Cash, decrease in Credit Card Expense, and increase in Sales.
D) decrease in Sales, increase in Credit Card Expense, and decrease in Cash.

Correct Answer:

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