ch7

q3

Levine Company uses the perpetual inventory system. Apri1 8 Sold merchandise for 53,300 (that had cost 52,439 ) and accepted the custoner's 5untrust Bakik Card. Suntrust charges a 45 fre Apr11 12 Sold merchandise for 13,400 (that had cost 12,203 ) and accepted the customer's Continental card; Continental eharges a 2,5 fee. Prepare joumal entries to record the above credit card transactions of Levine Company Note: Round your answers to the nearest whole dollor amount. Journal entry worksheet 4 Sold merchandise for $3,300 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Nofe: Enter debta betore credith. Journal entry worksheet Note: Enter debits before credits: Journal entry worksheet Sold merchandise for $3,400 and accepted the customer's Continental Card. Continental charges a 2,5% fee. Notes Enter debits bafore credits. Journal entry worksheet Record the cost of goods sold, $2,203. Noter Enter debits before credits