When recording credit card or debit card sales using the net method,

• -Cash received equals sales.
• -cash received equals sales minus the fee assessed by the card processing company.
• -cash received equals sales plus the fee assessed by the card processing company.
• -cash isn’t received by the seller until the customer pays his or her credit card statement.

Answer rating: 100% (QA)

B cash received equals sales minus the fee assessed by the card processing company Credit card expen... View the full answer