Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual Inventory system. NE g Sold merchandise for $4,700 (that had cost $3,473) and accepted the customer's Suntrust Bank Card. Suntrust charges a 40 fee. 12 Sold merchandise for $9.000 (that had cost $5,832) and accepted the customer'. Continental Card. Continental charges a 2.50 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 Sold merchandise for $4,700 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits General Journal Debit Credit Date Apr 0B View general Journal Clear entry Record entry 1 of 9 ti! Next >