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Levine Company uses the perpetual inventory system. April 8 sold merehandise for $8,400 (that had cost $6,000 ) and accepted the customer's suntrust 8ank Card.

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Levine Company uses the perpetual inventory system. April 8 sold merehandise for $8,400 (that had cost $6,000 ) and accepted the customer's suntrust 8ank Card. Suntrust charges a 4t fee. April 12 Sold merchandise for $5,600 (that had cost $3,500) and accepted the customer's continental card. Continental charges a 2.5t fee. Prepare journal entries to record the above credit card transactions of Levine Company. Journal entry worksheet Sold merchandise for $8,400 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Inter debits before credits: Journal entry worksheet 1 Record the cost of goods sold, $6,000. Note: Enter debits before credits. Journal entry worksheet 1 Sold merchandise for $5,600 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Note: Enter debits before credits. Note: Enter debits before credits

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