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Submit TB MC Qu. 07-149 (Algo) Mackenzie Company sold... Mackenzie Company sold $540 of merchandise...

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Submit TB MC Qu. 07-149 (Algo) Mackenzie Company sold... Mackenzie Company sold $540 of merchandise to a customer who used a Regional Bank credit card. Regional Bank charges a 5.5% fee for sales on its credit cards. The journal entry to record this sales transaction would be Multiple Choice Debit Cash of $540 and credit Sales $540. ces Debit Cash of $540 and credit Accounts Receivable-Regional $540. Debit Accounts Receivable-Regional $510.30: debit Credit Card Expense $29.70 and credit Sales 5540 om ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewc X Question 1 - Ch 07 Saved Debit Cash of $540 and credit Sales $540, O Debit Cash of $540 and credit Accounts Receivable--Regional $540. Debit Accounts Receivable-Regional $510.30; debit Credit Card Expense $29.70 and credit Sales $540 Debit Cash $510.30; debit Credit Card Expense $29.70 and credit Sales $540. Debit Cash $510.30 and credit Sales $510.30

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