Saved Help Save & Exit Su Check my w 35 Exercise 7-2 (Algo) Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $8,888 (that had cost $6,503) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $9,200 (that had cost $5,962) 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. (Round your answers to the nearest whole dollar amount.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 April 08 Cash Credit card expense Sales 2 April 08 Cost of goods sold Merchandise inventory 3 April 12 Cash Credit card expense Sales 4 April 12 Cost of goods sold Merchandise inventory < Prev 2 of 9 Next >