Distance Running Shoes reports the following: (Click the icon to view the transaction information.) Journalize all entries required for Distance Running Shoes. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) May 4, 2018: Recorded credit card sales of $100,000, net of processor fee of 3%. Ignore Cost of Goods Sold. (Prepare a single compound journal entry.) Date Accounts and Explanation Debit Credit More Info -X 2018 May 1 2018 May 1 Recorded World Express credit card sales of $100,000, net of processor fee of 3%. Ignore Cost of Goods Sold. 15 Recorded Classic Card credit card sales of $98,000. Processor charges a 2% fee. Classic Card charges the fee at the end of the month, therefore Distance uses the gross method for these credit card sales. Ignore Cost of Goods Sold. 31 Classic Card collected the fees for the month of May. Assume the May 15 transaction is the only Classic Card credit card sale. Print Done