Levine Company uses the perpetual inventory system.

April $8$ Sold merchandise for $$7,700($that had cost $$5,690)$ and accepted the customer's Suntrust Bank Card. Suntrust charges a $4\%$ fee.

April $12$ Sold merchandise for $$4,400($that had cost $$2,851)$ and accepted the customer's Continental Card. Continental charges a $2\mathrm{.}5\%$ fee.

Prepare journal entries to record the above credit card transactions of Levine Company.

Note: Round your answers to the nearest whole dollar amount.

Sold merchandise for $$7,700$ and accepted the customer's Suntrust Bank Card. Suntrust charges a $4\%$ fee.

Record the cost of goods sold, $$5,690.$

Sold merchandise for $$4,400$ and accepted the customer's Continental Card. Continental charges a $2\mathrm{.}5\%$ fee.

$\backslash$table$[[,$Debit,Credit$],[,,],[,5,690,],[,,5,690],[,,],[,,],[,,],[,,]]$

Record the cost of goods sold, $$2,851.$

Note : $=$ journal entry has been entered