For retailers that accept major credit cards as payment, which of the following describes the...
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Accounting
For retailers that accept major credit cards as payment, which of the following describes the effect of a credit card sale on the financial statements? O A debit to expense for the fees that credit card processor collects on every transaction O A credit to interest revenue for the interest paid by credit card customers A credit to cash for the amount of the credit card sale O A credit to credit card receivable for the amount of the sale
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