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Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,800 (that had cost $4,286) and accepted the customer's Suntrust Bank Card. Suntrust
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,800 (that had cost $4,286) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $5,000 (that had cost $3,240) 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 2 3 4 Sold merchandise for $5,800 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 Journal entry worksheet
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