1?https/ 07 Ex 7-2 Help Seve&Exit Check mys Exercise 7-2 Accounting for credit card sales LO c1 Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Continental Card. Continental assesses a 25% charge on sales for using its card. Bank card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the BookApr. 8 Sold merchandise for $9,480 (that had cost $6,947) and accepted the customer's Suntrust Bank Card 12 Sold merchandise for $6,200 (that had cost $4,018) and accepted the customer's Continental Card. Prepare journal entries to record the above selected credit card transactions of Levine Company. (Round your answers to the nearest whole doller amount) Journal entry worksheet Sold merchandise for $9,400 and accepted the customers Suntrust Bank Card Prev 1of1? Next re to search