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Levine Company uses the perpetual inventory system. Apr 8 Sold merchandise for $9,400 (that had cost $6,947) and accepted the customer's Suntrust Bank Card. Suntrust
Levine Company uses the perpetual inventory system. Apr 8 Sold merchandise for $9,400 (that had cost $6,947) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $4,800 (that had cost $3,110) 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 $9,400 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
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