Paden Restaurants accepts credit and debit cards as forms of payment. Assume Paden had $16,000 of credit and debit card sales on June 30, 2015. 1. Suppose Paden's processor charges a 2% fee and deposits sales net of the fee. Journalize the sale transaction for the restaurant. Suppose Paden's processor charges a 2% fee and deposits sales using the gross method. Journalize the sale transaction for the restaurant. 2nd. Journalize the sale transaction net of the fee for the restaurant. (Record debits first, then, credits. Select the explanation on the last line of the journal entry table.

Paden Restaurants accepts credit and debit cards as forms of payment. Assume Poden had 516,000 of credit and debit card sales on June 30, 2015 Suppose Pader's processor charges a 2% fee and deposits sales net of the fee. Joumalize the sale tramaction for the restaurant 2 Suppose Paden's processor charges a 2% fee and deposits sales using the gross method Journalize the sale transaction for the restaurant, 1. Journalize the sale transaction net of the fee for the restaurant (Record debits first, then credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Jun 30