Levine Company uses the perpetual inventory system.

April $8$ Sold merchandise for $$4,500($that had cost $$3,326)$ and accepted the customer's Suntrust Bank Card. Suntrust

charges a $4\%$ fee.

April $12$ Sold merchandise for $$6,600($that had cost $$4,277)$ 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

Sold merchandise for $$4,500$ and accepted the customer's Suntrust Bank Card.

Suntrust charges a $4\%$ fee.

Note: Enter debits before credits. Journal entry worksheet

Record the cost of goods sold, $$3,326.$

Note: Enter debits before credits. Journal entry worksheet

$1$

$2$

$3$

$4$

Sold merchandise for $$6,600$ and accepted the customer's Continental Card.

Continental charges a $2\mathrm{.}5\%$ fee.

Note: Enter debits before credits. Journal entry worksheet

Record the cost of goods sold, $$4,277.$

Note: Enter debits before credits.