Target Allows Customers to Use MasterCard B) C) D)None of the Above

Target allows customers to use MasterCard.It reports Sales revenue of $24 000 for the week.MasterCard charges Target a 3% fee.The journal entry for this transaction would be:

A) $$\begin{array} { | l | r | r | } \hline \text { Sales revenue } & 24000 & \\\hline \text { Card fee expense } & 720 & \\\hline \text { Cash } & & 24720 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 23280 & \\\hline \text { Card fee expense } & 720 & \\\hline \text { Sales revenue } & & 24000 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 24000 & \\\hline \text { Card fee expense } & 720 & \\\hline \text { Sales revenue } & & 24720 \\\hline\end{array}$$
D) None of the above.