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Levine Company uses the perpetual inventory system. Apri1 8 sold merchandise for $6,960 (that had cost $5,099 ) and accepted the customer's Suntrust Bank Card.

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Levine Company uses the perpetual inventory system. Apri1 8 sold merchandise for $6,960 (that had cost $5,099 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Apri1 12 sold merchandise for $3,800 (that had cost $2,462 ) 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 Sold merchandise for $6,900 and accepted the cIsstomer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Record the cost of goods sold, $5,099. Note: Enter debits before credits. Journal entry worksheet Sold merchandise for $3,800 and accepted the customer's Continental Card. Continental charges a 2.5\% fee. Note: Enter debits before credits. Journal entry worksheet 1 Record the cost of goods sold, $2,462. Note: Enter debits before credits

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