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Levine Company uses the perpetual inventory system. Apri1 8 sold merchandise for $3,100 (that had cost $2,291 ) and accepted the customer' $ suntrust Bank
Levine Company uses the perpetual inventory system. Apri1 8 sold merchandise for $3,100 (that had cost $2,291 ) and accepted the customer' $ suntrust Bank card. Suntrust charges a 48 fee. April 12 Sold merchandise for $9,600 (that bad cost $6,221 ) 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 Note: Round your onswers to the nearest whole dollar amount. Journal entry worksheet Sold merchandise for $3,100 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credita. Journal entry worksheet Record the cost of goods sold, $2,291. Note: Enter debits before credits. Journal entry worksheet 1 Sold merchandise for $9,600 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. Journal entry worksheet Record the cost of goods sold, $6,221. Note: Enter debits before credits
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