4 part question
of Levine Company. (Round your answers to the nearest Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual Inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using Its card. Apr. 8 sold merchandise for $3,300 (that had cost $2,439) and accepted the customer's Suntrust Bank Card. 12 Sold merchandise for $3,60e (that had cost $2,333) and accepted the customer's Continental Card. Prepare journal entries to record the above selected credit card transaction whole dollar amount.) View transaction list Journal entry worksheet ces 1 2 3 4 Sold merchandise for $3,300 and accepted the customer's Suntrust Bank Card. Note: Enter debits before credits Date General Journal Debit Credit Apr 08 Record entry Clear entry View genecal joumal Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual Inventory system and allows customers to use two credit cards in charging p Suntrust Bank Card, a 4 % service charge for credit card sales is assessed. The second credit card that Levine acc Continental Card. Continental assesses a 2.5% charge on sales for using its card Apr. 8 sold merchandise for $3,300 (that had cost $2,439) and accepted the custoner's Suntrust Bank Card. 12 Sold merchandise for $3,6ee (that had cost $2,333) and accepted the customer's Continental Card. Prepare journal entries to record the above selected credit card transactions of Levine Company. (Round your an whole dollar amount.) View transaction list: Journal entry worksheet 3 4 1 Record the cost of goods sold, $2,439. Note: Enter debits before credits Debit Credit General Journal Date Apr 08 Clear entry View general joumal Record entry e Type here to search a Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system and allows customers to use two credit cards Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card th Continental Card. Continental assesses a 2.5% charge on sales for using its card. Apc. 8 Sold merchandise for $3,30e (that had cost $2,439) and accepted the customer's Suntrust B 12 Sold merchandise for $3,6ee (that had cost $2,333) and accepted the customer's Continenta Prepare Journal entries to record the whole dollar amount.) above selected credit card transactions of Levine Company. (R View transaction list Journal entry worksheet 1 2 4 Sold merchandise for $3,600 and accepted the customer's Continental Card. Note: Enter debits before credits. Date General Journal Debit Credit Apr 12 View general journal Record entry Clear entry ercise 7-2 Accounting for credit card sales LO C1 vine Company uses the perpetual Inventory system and allows customers to use two cred ntrust Bank Card, a 4% servIce charge for credit card sales is assessed. The second credit ntinental Card Continental assesses a 2.5% charge on sales for using its card s Sold nerchandise for $3,30e (that had cost $2,439) and accepted the customer's sunt 12 Sold merchandise for $3,6ee (that had cost $2,333) and accepted the customer's Cont epare journal entries to record the above selected credit card transactions of Levine Compa hole doller amount.) View transaction list Journal entry worksheet 1 2 3 Record the cost of goods sold, $2,333. Note: Enter debits before credits. Debit Date General Journal Credit Apr 12 Record entry Clear entry View general jounal