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3 Check Exercise 9-2 (Algo) Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system April 8 Sold merchandise for $8,000
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Check Exercise 9-2 (Algo) Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system April 8 Sold merchandise for $8,000 (that had cost $5,912) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4x fee. April 12 Sold merchandise for $3,400 (that had cost $2,203) 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.) View transaction list Journal entry worksheet 1 2 3 4 Sold merchandise for $8,000 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Journal entry worksheet Journal entry worksheet Step by Step Solution
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