We make a credit sale with our customer using a bank credit card which allows for immediate payment to us. The sale was for $10,000 and carried a 2 percent fee. To record this sale we will:
Debit Cash for $10,000 and credit Sales for $10,000.
Debit Accounts Receivable for $10,000 and credit Sales for $10,000.
Debit Accounts Receivable for $9,800 and credit sales for $9,800
None of the above