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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $6,700 (that, had cost $4,951) and accepted the customer's Suntrust Bank Card. Suntrust
Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $6,700 (that, had cost $4,951) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $8,200 (that had cost $5,314) 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 answers to the nearest whole dollar amount. View transaction list Journal entry worksheet 1 2 3 4 Sold merchandise for $6,700 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee.
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