Exercise 9-2 (Algo) Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $6,800 (that had cost $5,025) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $8,800 (that had cost $5,702) 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 3 4 Sold merchandise for $6,800 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Date April 08 General Journal Debit Credit Record entry Clear entry View general journal > Exercise 9-3 (Algo) Computing cash collections LO C1 Grande Company had credit sales of $34,000 in the current period. Accounts Receivable had a beginning balance of $7,500 and an ending balance of $9,200. Compute its cash collections from its credit sales for the current period. Cash collections