Exercise 7-2 (Algo) Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,200 (that had cost $5, 321) and accepted the customer's Suntrust Bank Card: Suntrust charges a 4% fee. April 12 Sold merchandise for $9,600 (that had cost $6,221) 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.) Journal entry worksheet < 34 Sold merchandise for $9,600 and accepted the customer's Continental Card. Continental charges a 2.5% fee.