Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchas sunt st Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is Continental Card. Continental assesses a 2.5% charge on sales for using its card. 10 points Apr. 8 Sold merchandise for $8,000 (that had cost $5,912) and accepted the customer's Suntrust Bank care 12 Sold merchandise ftor $9,000 (that had cost $5,832) and accepted the customer's continental card. Prepare journal entries to record the above selected credit card transactions of Levine Company. (Round your answers whole dollar amount.) eBook View transaction list Print Journal entry worksheet Sold merchandise for $8,000 and accepted the customer's Suntrust Bank Card. Note: Enter debits before credits. Date General Journal Debit Credit Apr 08 Record entry Clear entry View general journal Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual Inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. 10 points Apr. 8 Sold merchandise for $8,000 (that had cost $5,912) and accepted the customer's Suntrust Bank Card. 12 sold merchandise for $9,000 (that had cost $5,832) and accepted the customer's Continental Card. eBookPrepare journal entries to record the above selected credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) Hint View transaction list Print Journal entry worksheet Record the cost of goods sold, $5,912 Note: Enter debits before credits Debit Credit Date Apr 08 Record entry Clear entry View general journal Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. 10 points Apr. Soid merehandise tor $8,000 (that had cost $5,912) and accepted the custoner's suntrust Bank Card. 12 Sold merchandise for $3,000 (that had cost $5,832) and accepted the custoner's Continental Card. Prepare journal entries to record the above selected credit card transactions of Levine Company (Round your answers to the nearest whole dollar amount.) eGook Hint View transaction list Journal entry worksheet Sold merchandise for $9,000 and accepted the customers Continental Card Note: Enter debits before credits Date General Journal Debit Credit Apr 12 Record entry Clear entry View general journal Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. oints Apr. s sold merchandise for $8,000 (that had cost $5,912) and accepted the customer's Suntrust Bank Card. 12 Sold nerchandise for $9,000 (that had cost $5,832) and accepted the customer 's Continental Card. ebook Prepare journal entries to record the above selected credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) Hint View transaction list Journal entry worksheet Record the cost of goods sold, $5,832. Note: Enter debits before credits Date General Journal Debit Credit Apr 12 Record entry Clear entry View general journal
