Question: View Policies Current Attempt in Progress Whispering Winds Retailers accepted $20000 of Silver Bank MasterCard credit card charges for merchandise sold on August 1. Silver
View Policies Current Attempt in Progress Whispering Winds Retailers accepted $20000 of Silver Bank MasterCard credit card charges for merchandise sold on August 1. Silver Bank charges 2% for its credit card use. The entry to record this transaction by Whispering Winds Retailers will include a credit to Sales Revenue of $20000 and a debit(s) to O Accounts Receivable for $20000. O Cash for $19600 and Service Charge Expense for $400. O Accounts receivable for $19600 and Service Charge Expense for $1990. Q Cash for $20000
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