Elercise 7-2 for sales Lo Accounting credit card Levine Company uses the perpetual inventory system and allows customers to use two credit cards n 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 $8,000 (that had cost $5,912) and accepted the customer's Suntrust Bank Card 12 Sold merchandise for $3,800 (that had cost $2,462) and accepted the customer's Continental Card. Prepare journal entries to record the above selected credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet Sold merchandise for $8,000 and accepted the customer's Suntrust Bank Card. Note: Enter debits before cred ts. Debit Credit Date Apr 08 Record entry