Hankco accepts all major bank credit cards, including Omni Bank's, which assesses a 3% charge on sales for using its card. On June 28, Hankco had $4,500 in Omni Card credit sales. What entry should Hankco make on June 28 to record the deposit?
A. Debit Accounts Receivable $4,365; debit Credit Card Expense $135; credit Sales $4,500.
B. Debit Accounts Receivable $4,500; credit Sales $4,500.
C. Debit Cash $4,500; credit Sales $4,500.
D. Debit Cash $4,365; debit Credit Card Expense $135; credit Sales $4,500.
E. Debit Cash $4,635; credit Credit Card Expense $135; credit Sales $4,500
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mention and explain five types of credit sales you know
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