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Slick Running Shoes reports the following: Click the icon to view the transaction Information) Joumalize all entries required for Slick Running Shoes (Record debits first,

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Slick Running Shoes reports the following: Click the icon to view the transaction Information) Joumalize all entries required for Slick Running Shoes (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Mar 4, 2024: Recorded credit card sales of $125,000, net of processor fee of 3%. Ignore Cost of Goods Sold. (Prepare a single compound Journal entry.) Dato Accounts and Explanation Debit Credit 2024 Mar 1 More info 2024 Mar. 1 Recorded Premiere Express credit card sales of $125,000, net of processor fee of 3%. Ignore Cost of Goods Sold. Mar. 15 Recorded TrueValue credit card sales of $88,000. Processor charges a 1.5% fee. TrueValue 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. Mar. 31 TrueValue collected the fees for the month of March. Assume the March 15 transaction is the only TrueValue credit card sale. Print Done

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