Levine Company uses the perpetual inventory system.

April $8$ Sold merchandise for $$5,000($that had cost $$3,695)$ and accepted the customer's Suntrust Ba

charges a $4\%$ fee.

April $12$ Sold merchandise for $$9,400($that had cost $$6,091)$ and accepted the customer's 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

$1$

$2$

$3$

$4$

Record the cost of goods sold, $$3,695.$

Note: Enter debits before credits.