Saturday, October 10, 2020

When a sale is made to a customer who pays with a debit card, the company records:

When a sale is made to a customer who pays with a debit card, the company records:


A) A debit to Accounts Payable.

B) A debit to Accounts Receivable.

C) A debit to Cash.

D) No entry until the debit card transaction clears the bank.


Answer: A debit to Cash.

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