Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Agr. 8 Sold merchandise for $9,200 (that had cost $6,799 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4$ fee. 12 Sold merchandise for $9,400 (that had cost $6,991 ) 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 omount.) Journal entry worksheet Sold merchandise for $9,200 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debis before credits Sold merchandise for $9,200 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits: Record the cost of goods sold, $6,799. Note: Enter debits before credits. Journal entry worksheet Sold merchandise for $9,400 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. Journal entry worksheet 2 Record the cost of goods sold, $6,091. Note: Enter debits before credits