A retailer that makes credit card sales: Select one: 

A. Absorbs any losses on uncollectible credit card accounts 

B. Is charged a fee ranging from 1% to 5% of the amount of each credit card sale 

C. Records such sales as a debit to Cash or Accounts Receivable, a debit to Credit Card Fees Expense, and a credit to Sales Revenue 

D. Both B and C

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