• 1Sold merchandise for $6,400 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. (April 08)
• 2Record the cost of goods sold, $4,730. (April 08)
• 3Sold merchandise for $9,800 and accepted the customer's Continental Card. Continental charges a 2.5% fee. (April 12)
• 4Record the cost of goods sold, $6,350. (April 12)

Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $6,400 (that had cost $4,730) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $9,800 (that had cost $6,350) and accepted the customer's Continental Card. Continental charges a 2.5% fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) eBook View transaction list Hint References Journal entry worksheet Sold merchandise for $6,400 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. April 08 2 On January 1, Wei Company begins the accounting period with a $32,000 credit balance in Allowance for Doubtful Accounts. a. On February 1, the company determined that $7,200 in customer accounts was uncollectible; specifically, $1,100 for Oakley 6.73 Company and $6,100 for Brookes Company Prepare the journal entry to write off those two accounts. points b. On June 5, the company unexpectedly received a $1,100 payment on a customer account, Oakley Company, that had previously been written off in part a. Prepare the entries to reinstate the account and record the cash received. 8 02:57:25 eBook View transaction list References Journal entry worksheet 2 3 On February 1, the company determined that $7,200 in customer accounts was uncollectible; specifically, $1,100 for Oakley Company and $6,100 for Brookes Company. Prepare the journal entry to write off those two accounts. Note: Enter debits before credits. Date General Journal Debit Credit February 013 Diaz Company owns a machine that cost $125,400 and has accumulated depreciation of $94,900. Prepare the entry to record the disposal of the machine on January1 in each separate situation. 5.73 1. The machine needed extensive repairs and was not worth repairing. Diaz disposed of the machine, receiving nothing in return. 2. Diaz sold the machine for $16,700 cash. 3. Diaz sold the machine for $30,500 cash. 4. Diaz sold the machine for $40,400 cash. eBook Hint points Journal entry worksheet References Record the disposal of the machine receiving nothing in return. Note: Enter debits before credits. January 01