Brinker accepts all major bank credit cards, including First Savings Bank's, which assesses a 2.5% charge on sales for using its card. On May 26, Brinker had $6600 in First Savings Bank Card credit sales. What entry should Brinker make on May 26 to record the deposit?

A. Debit Cash $6435; debit Credit Card Expense $165; credit Sales $6600.
B. Debit Accounts Receivable $6600; credit Sales $6600.
C. Debit Cash $6765; credit Credit Card Expense $165; credit Sales $6600.
D. Debit Accounts Receivable $6435; debit Credit Card Expense $165; credit Sales $6600.
E. Debit Cash $6600; credit Sales $6600.


Answer: A

Business

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