Exercise 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $3,682 (that had cost $2,217) and accepted the customer's Suntrust Bank Card. Suntrust charges a 48 fee. 12 Sold merchandise for $7,480 (that had cost $4,795) 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 amount.) View transaction list > Journal entry worksheet 1 2 Sold merchandise for $3,000 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits Debit Credit General Journal Date Apr 08 1 of 8 !! Next >