Question: Could you please tell me why B is not correct? Really appreciate it. 105. McGregor Company allows customers to pay with credit cards. The credit
Could you please tell me why B is not correct?
Really appreciate it.
105. McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a customer uses a credit card to pay McGregor $200 for services provided, McGregor would: A. Debit Cash for $200. B. Credit Service Revenue for $194. C. Debit Service Fee Expense for $6. D. Credit Service Revenue for $206
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