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Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $4,300 (that had cost

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Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $4,300 (that had cost $3,178) 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 2.5fee. 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 $4,300 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note Enter debits before credits Dobil Credit General Journal Apr 08

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