Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ivine Company uses the perpetual inventory system. ipril 8 sold merchandise for $8,500 (that had cost $6,282 ) and accepted the customer's suntrust Bank Card.

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
ivine Company uses the perpetual inventory system. ipril 8 sold merchandise for $8,500 (that had cost $6,282 ) and accepted the customer's suntrust Bank Card. Suntrust charges a 48 fee. pri1 12 Sold merehandise for $3,600 (that had cost $2,333 ) and accepted the customer's continental card. Continental charges a 2.51 fee. repare journal entries to record the above credit card transactions of Levine Company. lote: Round your answers to the nearest whole dollar amount. Journal entry worksheet Sold merchandise for $3,600 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits Levine Company uses the perpetual inventory system. Apri1 8 sold nerchandise for $8,500 (that had cost $6,282 ) and accepted the custoner's Suntruat Bank Card. Suntrust charges a 4t fee. Kpri1 12 Sold merchandise for $3,600 (that had cost $2,333 ) and accepted the custoener's continental card. Continental ebarges a 2.51 fee. Prepare journal entries to record the above credit card transactions of Levine Company. Note: Round your answers to the nearest whole dollar amount. Journal entry worksheet 4 Note: Enter debits before crodits. Prepare journal entries to record the above credit card transactions of Levine Company. Note: Round your answers to the nearest whole dollar amount. Journal entry worksheet Record the cost of goods sold, $2,333. Note: Enter debits before credits Apri1 is sold merchandise for $8,500 (that hod cout $6,282 ) and accopted the euatocer's: suntrust Bank Card. Suatrust charen a 4t tee. Apri1 12 sold nerehaodise for $3,600 (that bad cost $2,333 ) and accepted the cuatoeer" s Continental Card. Contisental eharges a 2,51 fee. Prepare journal entries to record the above credit card transactions of Levine Company. Note: Round your answers to the nearest whole dollar amount. Journal entry worksheet Sold merchandise for $8,500 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Notet Enter debits before crests

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Executive Roadmap To Fraud Prevention And Internal Control Creating A Culture Of Compliance

Authors: Joel T. Bartow, Martin T. Biegelman

2nd Edition

1118004582, 9781118004586

More Books

Students also viewed these Accounting questions

Question

Prepare a constructive performance appraisal.

Answered: 1 week ago

Question

List the advantages of correct report formatting.

Answered: 1 week ago