The Statement Concerning the Accounting Treatment of Bank Issued Credit

The statement concerning the accounting treatment of bank issued credit card sales that is true is:

A) The treatment of bank issued credit card sales is the same as the treatment of non-bank issued credit card sales
B) A 'merchant fee' for the month's sales is debited to the firm's bank statement at month-end
C) The business does not retain a copy of the transaction slip
D) The sale is recorded like a credit sale in the books of the seller