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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $8,200 (that had cost $6,060 ) and accepted the customer's Suntrust Bank Card.
Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $8,200 (that had cost $6,060 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4 t fee. April 12 Sold merchandise for $4,200 (that had cost $2,722 ) and accepted the customer's continental Card. Continental charges a 2.54 fee. Prepare journal entries to record the above credit card transactions of Levine Company. Note: Round your answers to the nearest whole dollar amount. Record the cost of goods sold, $2,722. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet 234 Sold merchandise for $8,200 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Journal entry worksheet 1 Sold merchandise for $4,200 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits
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