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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,200 (that had cost $5,321 ) and accepted the customer's Suntrust Bank Card.

image text in transcribed Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,200 (that had cost $5,321 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $7,400 (that had cost $4,795 ) 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. Journal entry worksheet 4 Sold merchandise for $7,200 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits

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