$1$

Levine Company uses the perpetual inventory system.

April $8$ Sold merchandise for $$3,700($that had cost $$2,734)$ and accepted the customer's Suntrust Bank Card. Suntrust

April $12$ Sold merchandise for $$5,000($that had cost $$3,240)$ and accepted the customer's Continental Card. Continental charges a $2\mathrm{.}5\%$ fee.

Prepare journal entries to record the above credit card transactions of Levine Company.

Note: Round your answers to the nearest whole dollar amount.

Journal entry worksheet

$1$

$2$

$3$

$4$

Sold merchandise for $$3,700$ and accepted the customer's Suntrust Bank Card. Suntrust charges a $4\%$ fee.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$April $08,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$