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Question
if a credit card is used, which of the following is true? the business will receive a referral payment. the credit card company usually charges a fee. the journal entries do not need to be registered.
When a credit card is used, the credit card company typically charges a fee (such as a merchant service fee) to the business accepting the credit card. A referral payment is not a standard outcome of using a credit card for a transaction. And journal entries (in accounting) do need to be registered to record the credit - card transaction accurately.
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The credit card company usually charges a fee.