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Dash Running Shoes reports the following (Click the icon to view the transaction information.) Journalize all entries required for Dash Running Shoes. (Record debits first,
Dash Running Shoes reports the following (Click the icon to view the transaction information.) Journalize all entries required for Dash Running Shoes. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date 2018 Mar. 1 Accounts and Explanation Debit Credit More Info 2018 Mar. 1 Recorded North American Express credit card sales of $120,000, net of processor fee of 2%. Ignore Cost of Goods Sold. Recorded ClassicCard credit card sales of $88,000. Processor charges a 3% fee. Classiccard charges the fee at the end of the month, therefore Dash uses the gross method for these credit card sales. Ignore Cost of Goods Sold. ClassicCard collected the fees for the month of March. Assume the March 15 transaction is the only ClassicCard credit card sale 15 Mar. 15, 2018: Recorded ClassicCard credit card sales of$88,000. Processor charges a 3% fee. Cl card sales. Ignore Cost of Goods Sold se 31 Date 2018 Mar. 15 Accounts and Explanation Debit Credit Print Done Mar. 31, 2018: ClassicCard collected the fees for the month of March. Assume the March 15 transaction is the only ClassicCard credit card sale Date 2018 Mar. 31 Accounts and Explanation Debit Credit
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