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A customer makes a $1,600 purchase at Appliance World, paying with a credit card. Appliance...

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Accounting

A customer makes a $1,600 purchase at Appliance World, paying with a credit card. Appliance World is charged a 2% fee by the credit card company. When recording this sale, Appliance World would:
Multiple Choice
Credit Sales Revenue for $1,600
Credit Deferred Revenue for $1,600
Debit Accounts Receivable for $1,600
Credit Sales Revenue for $1,568.
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