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Jervis accepts all major bank credit cards, including those issued by Northern Bank (NB), which assesses a 3.5% charge on sales for using its card. On June 28, Jervis had $5,100 in NB Card credit sales. What entry should Jervis make on June 28 to record the deposit? Multiple Choice Debit Cash $5,100; credit Sales $5,100 Debit Accounts Receivable $5,100; credit Sales $5,100 Debit Cash $5,278.50; credit Credit Card Expense $178.50; credit Sales $5,100 Debit Cash $4,921.50; debit Credit Card Expense $178.50; credit Sales $5,100 Debit Accounts Receivable $4,921.50; debit Credit Card Expense $178.50; credit Sales $5,100
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