Flash Running Shoes reports the following:

View the transaction information.

Journalize all entries required for Flash Running Shoes. $($Record debits, first, then credits. Select the explanation on the last line of the journal entry table.$)$

Transaction

$($Prepare a single compound journal entry.$)$

Jun. $1$ Recorded Capital Express credit card sales of $$115,000,$ net of processor fee of $3\%.$ Ignore Cost of Goods Sold.

Jun. $15$ Recorded Vista credit card sales of $$96,000.$ Processor charges a $1\mathrm{.}5\%$ fee. Vista charges the fee at the end of the month, therefore Flash Running Shoes uses the gross method for these credit card sales. Ignore Cost of Goods Sold.

Jun. $30$ Vista collected the fees for the month of June. Assume the June $15$ transaction is the only Vista credit card sale.