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Endurance Running Shoes reports the following: Click the icon to view the transaction information.) Journalize all entries required for Endurance Running Shoes. (Record debits first,

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Endurance Running Shoes reports the following: Click the icon to view the transaction information.) Journalize all entries required for Endurance Running Shoes. (Record debits first, then credits Select the explanation on the last line of the journal entry table.) Jun. 4, 2024: Recorded credit card sales of $140,000, net of processor fee of 1%, Ignore Cost of Goods Sold. (Prepare a single compound Joumal entry) Dato Accounts and Explanation Debit Credit 2024 Jun 1 140,000 Accounts Receivable Sales Revenue 140.000 More info 2024 Jun. 1 Jun. 15 Recorded North American Express credit card sales of $140,000, net of processor fee of 1%. Ignore Cost of Goods Sold. Recorded ClassicCard credit card sales of $94,000. Processor charges a 2.5% fee. ClassicCard charges the fee at the end of the month, therefore Endurance uses the gross method for these credit card sales. Ignore Cost of Goods Sold ClassicCard collected the fees for the month of June. Assume the June 15 transaction is the only ClassicCard credit card sale. Jun. 30

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