Levine Company uses the perpetual inventory system.

April $8$ sold merchandise for $$3,400($that had cost $$2,513)$ and accepted the customer's Suntrust Bank Card. Suntrust charges a $4\%$ fee.

April $12$ Sold merchandise for $$8,400($that had cost $$5,443)$ and accepted the customer's Continental Card. Continental charges a $2\mathrm{.}5\%$ 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

Record the cost of goods sold, $$5,443.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$April $12,$Cost of goods sold,,$],[$Merchandise inventory,.,$],[\frac{?}{\text{b}\text{a}\text{r}}(r),*,-],[,5,,],[,5,,],[,$T$,,]]$