Alpha Company sells goods to customers who use Worldwide Express nonbank credit cards. Credit card sales
on July 15, 2016 amounted to $20,000 and were subject to a 4.5% credit card company collection fee.?Alpha Company collected payment from Worldwide Express on July 21.?Use this information to prepare the General Journal entries (without explanation) for the July 15 sales & the July 21 collections. If no entry is required then write "No Entry Required."
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