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8 8.75 points 02:29:25 Levine Company uses the perpetual Inventory system. Apr. 8 Sold merchandise for $3,700 (that had cost $2,734) and accepted the customer's
8 8.75 points 02:29:25 Levine Company uses the perpetual Inventory system. Apr. 8 Sold merchandise for $3,700 (that had cost $2,734) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,600 (that had cost $4,925) 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 Hint 0 References View transaction list Journal entry worksheet > 1 2 34 Sold merchandise for $3,700 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Date Apr 08 General Journal Debit Credit Record entry Clear entry View general journal 00 8 8.75 points 02:28:59 Levine Company uses the perpetual Inventory system. Apr. 8 Sold merchandise for $3,700 (that had cost $2,734) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,600 (that had cost $4,925) 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 Journal entry worksheet Hint < 1 2 3 4 10 References Record the cost of goods sold, $2,734. Note: Enter debits before credits. Date Apr 08 General Journal Debit Credit Record entry Clear entry View general journal 8 00 8.75 points 8 02:28:36 eBook Levine Company uses the perpetual Inventory system. Apr. 8 Sold merchandise for $3,700 (that had cost $2,734) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,600 (that had cost $4,925) 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 Hint < 1 2 3 4 10 References Sold merchandise for $7,600 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. Date Apr 12 General Journal Debit Credit Record entry Clear entry View general journal 8 00 8.75 points 02:28:08 eBook Hint References Levine Company uses the perpetual Inventory system. Apr. 8 Sold merchandise for $3,700 (that had cost $2,734) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,600 (that had cost $4,925) 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 Record the cost of goods sold, $4,925. Note: Enter debits before credits. Date Apr 12 General Journal Debit Credit Record entry Clear entry View general journal 2 3 4 Record the Note: Enter det Date Apr 12 Accounts payable-Continental Accounts payable-Suntrust Accounts receivable-Continental Accounts receivable-Suntrust Allowance for doubtful accounts Bad debts expense Lash Cost of goods sold Credit card expense Factoring fee expense Interest receivable Interest revenue Merchandise inventory Notes payable Notes receivable Sales Sales discounts 8 8.75 points 02:29:25 Levine Company uses the perpetual Inventory system. Apr. 8 Sold merchandise for $3,700 (that had cost $2,734) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,600 (that had cost $4,925) 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 Hint 0 References View transaction list Journal entry worksheet > 1 2 34 Sold merchandise for $3,700 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Date Apr 08 General Journal Debit Credit Record entry Clear entry View general journal
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