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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $8,700 (that had cost $6,429 ) and accepted the customer's Suntrust Bank Card.
Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $8,700 (that had cost $6,429 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $6,800 (that had cost $4,406 ) 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.) Journal entry worksheet Sold merchandise for $8,700 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits
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