Select all that apply P. Jameson Co. sold $500 of merchandise on Master Card credit sales. The net cash receipts from the sale are immediately deposited in the seller's bank account. Master Card charges a 4% fee. The journal entry to record this sales transaction would include a: (Check all that apply). Multiple select question. debit to Credit Card Expense for $20. debit to Cash for $485. credit to Accounts Receivable for $500. credit to Sales for $500. credit to Credit Card Expense for $20. debit to Cash for $480.