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Mackenzie Company sold $580 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4.0% service charge for sales on its credit cards. Mackenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately The journal entry to record this sale transaction would be: Multiple Choice O Debit Cash of $580 and credit Accounts Receivable-Regional $580. ) Debit Cash of $580 and credit Sales $580. ooooo Debit Accounts Receivable-Regional $556.80, debit Credit Card Expense $23.20 and credit Sales $580. Debit Cash $556.80, debit Credit Card Expense $23.20 and credit Sales $580 Deat Canh 858 80 O Debit Cash $556.80 and credit Sales $556.80. Giorgio Italian Market bought $4,600 worth of merchandise from Food Suppliers and signed a 90-day, 6% promissory note for the $4,600. Food Supplier's journal entry to record the collection on the maturity date is (Use 360 days a year.) 25 Multiple Choice 32 0 Debit Cash $4,600, debit interest Receivable $69. credit Sales $4.669 0 Debit Notes Receivable $4669, credit Sales $4669 O Debit Cash $4,669, credit Notes Receivable $4669 O Debit Cash $4,669. credit Interest Revenue $69. credit Notes Receivable $4600 O Debit Notes Receivable $4,600 credit Cash $4,600

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