Question: Help with this accounting homework #19 E8-19 Journalizing credit card sales Learning Objective 5 Marathon Running Shoes reports the following: 2018 Sep. 1 Recorded National

Help with this accounting homework #19

Help with this accounting homework #19 E8-19
E8-19 Journalizing credit card sales Learning Objective 5 Marathon Running Shoes reports the following: 2018 Sep. 1 Recorded National Express credit card sales for of $96,000, net of processor fee of 1%. Ignore Cost of Goods Sold. 15 Recorded ValueMax credit card sales of $80,000. Processor charges a 1.5% fee. ValueMax charges the fee at the end of the month, therefore Marathon uses the gross method for these credit card sales. Ignore Cost of Goods Sold. 30 ValueMax collected the fees for the month of September. Assume the September 15 transaction is the only ValueMax credit card sale. Journalize all entries required for Marathon Running Shoes

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