Princ Financial Accounting ACC-201-OLOZ Homework: HW CH7 2 of 3 (0 complete) Score: 0 of 33 pts E7-19 (similar to) Slick Running Shoes reports the following: (Click the icon to view the transaction information.) Journalize all entries required for Slick Running Shoes (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Aug 4, 2018: Recorded credit card sales of $120,000, net of processor fee of 3%. Ignore Cost of Goods Sold. (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit 2018 RUD1 Choose from any list or enter any number in the input fields and then click Check Answer Darts remaining Type here to search Clear All G st, then credits. Select the explanation on the last line of the journal entry table.) x More Info ee of 3 2018 Aug. 1 Recorded Capital Express credit card sales of $120.000, net of processor fee of 3%. Ignore Cost of Goods Sold. Recorded ClassicCard credit card sales of $90.000. Processor charges a 2% fee. Classic Card charges the fee at the end of the month, therefore Slick uses the gross method for these credit card sales. Ignore Cost of Goods Aug. 15 Classic Card collected the fees for the month of August. Assume the August 15 transaction is the only ClassicCard credit card sale. Aug. 31 en click Check Answer Clear A PORN