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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $6,900 (that had cost $5,099) and accepted the customer's Suntrust Bank Card.

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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $6,900 (that had cost $5,099) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4 fee. April 12 Sold merchandise for $7,000 (that had cost $4,536) 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.) View transaction list Sold merchandise for $6,900 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Record the cost of goods sold, $5,099. Sold merchandise for $7,000 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Record the cost of goods sold, $4,536. ank Card. Credit

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