Exercise 7-2 (Algo) Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $8,500 (that had cost $6,282) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $6,800 (that had cost $4,406) 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 Sold merchandise for $8,500 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Date General Journal Debit Credit Apr 08 Record entry Clear entry View general journal Journal entry worksheet Record the cost of goods sold, $6,282. Note: Enter debits before credits. Date General Journal Debit Credit Apr 08 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 N Sold merchandise for $6,800 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. General Journal Debit Credit Date Apr 12 Record entry Clear entry View general journal Journal entry worksheet