2.record the cost of goods sold 5025

3. sold merchandise for 7800 and accepted the customers card and the card charges 2.5% fee

4 record cost of goods sold 5054

Levine Company uses the perpetual inventory system April 8 sold merchandise for $6,800 (that had cost $5,025) and accepted the customer's Suntrust Bank Card. Suntruet charges a 41 fee. April 12 sold merchandise for $7.500 (that had cost $5,054) and accepted the customer's continental Card. Continental charges a 2.51 fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) 37 View transaction Hist Journal entry worksheet 2 3 Sold merchandise for 36,800 and accepted the customer's Suntrust Bank Card Suntrust charges a 4%fee Note: Enter debits before credits General Journal Dobit Credit Date April 08 Racord entry Clear entry View general Journal