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Account recievables #2 Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,600 (that had cost $5,616 ) and accepted the customer's

Account recievables #2

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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,600 (that had cost $5,616 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4$ fee. Apri1 12 Sold merchandise for $9,600 (that had cost $6,221 ) 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.) Journal entry worksheet Sold merchandise for $7,600 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Sold merchandise for $9,600 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. Journal entry worksheet 1 Record the cost of goods sold, $6,221. Note: Enter debits before credits

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