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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $9,200 (that had cost $6,799 ) and accepted the customer's Suntrust Bank Card.
Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $9,200 (that had cost $6,799 ) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $8,600 (that had cost $5,573 ) and accepted the customer's Continental Card. Continental charges a 2.5% fee. Journal entry worksheet Sold merchandise for $9,200 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, $6,799. Note: Enter debits before credits. Journal entry worksheet Sold merchandise for $8,600 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, $5,573. Note: Enter debits before credits
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