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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,100 (that had cost $5,247 ) and accepted the customer's Suntrust Bank Card.

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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $7,100 (that had cost $5,247 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $10,000 (that had cost $6,480 ) 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 4 Sold merchandise for $7,100 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, $5,247. Note: Enter debits before credits. Journal entry worksheet Sold merchandise for $10,000 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. Journal entry worksheet Record the cost of goods sold, $6,480. Note: Enter debits before credits

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