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Requirement 1. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journalize these sale transactions for the restaurant. (Record

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Requirement 1. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journalize these sale transactions for the restaurant. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Journal Date Now journalize the debit card sales net of the fee. Requirement 2. Suppose Cityside Collection's processor charges a 3% fee and deposits sales using the gross method. Journakze these sale transacticns for the restaurant. For purposes of this problem, only record the salos revenue portion of these transactions using the gross method. Record debits first, then credis. Select the explanation on the last line of the foumal entry tatis, ) First journalize the credit sales using the gross mothod. Lastly, joumalize the debit sales using the gross method. Restaurants do a large volume of business by credit and debit cards. Suppose Cityside Collection restaurant had these transactions on January 28, 2024: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journaliz these sale transactions for the restaurant. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Journalize the credit sales net of the fee, first. Now journalize the debit card sales net of the fee. Requirement 1. Suppose Cityside Collection's processor charges a 3% fee and deposits sales net of the fee. Journalize these sale transactions for the restaurant. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the credit sales net of the fee, first. Data table National Express credit card sales $9,900 ValueCard debit card sales 6,000 Print Done

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