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Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $4,500(that had...

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Accounting

Levine Company uses the perpetual inventory system.
April 8 Sold merchandise for $4,500(that had cost $3,326) and accepted the customer's Suntrust Bank Card. Suntrust
charges a 4% fee.
April 12 Sold merchandise for $6,600(that had cost $4,277) 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.
Note: Round your answers to the nearest whole dollar amount.
Journal entry worksheet
Sold merchandise for $4,500 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, $3,326.
Note: Enter debits before credits. Journal entry worksheet
1
2
3
4
Sold merchandise for $6,600 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, $4,277.
Note: Enter debits before credits.
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