Alpha Company sells goods to customers who use worldwide express nonbank credit cards. Credit card sales on July 15, 2016 amounted to $25,000 and...

Alpha Company sells goods to customers who use worldwide express nonbank credit cards. Credit card sales on July 15, 2016 amounted to $25,000 and were subject to a 2.5% credit card company fee. Alpha collected payment from world wide express on July 21. Use this information to prepare journal entries for July 15 sales and July 21 collections