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More info 2024 Aug. 1 Recorded World Express credit card sales of $98,000, net of processor fee of 2%. Ignore Cost of Goods Sold. Aug.

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More info 2024 Aug. 1 Recorded World Express credit card sales of $98,000, net of processor fee of 2%. Ignore Cost of Goods Sold. Aug. 15 Recorded Explorer credit card sales of $86,000. Processor charges a 1% fee. Explorer charges the fee at the end of the month, therefore Slick uses the gross method for these credit card sales. Ignore Cost of Goods Sold. Aug. 31 Explorer collected the fees for the month of August. Assume the August 15 transaction is the only Explorer credit card sale. Slick Running Sthoes reports the following: 1] (Click the icon to yiow the transaction ieformation). Journaliee all entries required for Slick Running Shoes. (Record dobits frst, then credts. Seloci the explanabon on the last line of the journal entry tabie) Aug. 31, 2024: Explocer collected the fees for the month of August. Assume the August 15 transaction is the only Explorer eredit card sale

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