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Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $3,500 (that had...

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Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $3,500 (that had cost $2,587) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $5,200 (that had cost $3,370) and accepted the customer's Continental Card. Continental charges a 2.5% fye. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.) View transaction list eet Journal entry worksheet 1 @ 0 Sold merchandise for $3,500 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. Note: Enter debits before credits. Debit Credit Date Apr 08 General Journal Cash Credit card expense Sales Record entry Clear entry View general journal Record the cost of goods sold, $2,587. Note: Enter debits before credits. Debit Credit Date Apr 08 General Journal (Cost of goods sold Merchandise inventory . Record entry Clear entry View general journ: Journal entry worksheet

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