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Business, 02.11.2019 06:31 Aced

Levine company uses the perpetual inventory system. apr. 8 sold merchandise for $8,400 (that had cost $6,000) and accepted the customer’s suntrust bank card. suntrust charges a 4% fee. 12 sold merchandise for $5,600 (that had cost $3,500) 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.

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