Levine Company uses the perpetual inventory system. April 8 Sold merchandise for $5,500 (that had cost $4,065) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. April 12 Sold merchandise for $3,000 (that had cost $1,944) 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. 1 1 2 2 Sold merchandise for $5,500 and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 3 3 Nota: Entar dahite before credite 4 4 Record the cost of goods sold, $4,065. 3 Journal entry worksheet < 1 2 4 Sold merchandise for $3,000 and accepted the customer's Continental Card. Continental charges a 2.5% fee. Journal entry worksheet < 1 2 3 4 Record the cost of goods sold, $1,944. >

How would I calculate this problem? I just guessed on which answer made sense to me. Please help. thank you in advance.

Please provide only typed answer solution no handwritten solution needed allowed... Please do it neat and clean correctly.

True or false? In a manual system, it is proper to splits journal entry at the bottom page.

Any help is appreciated, here is the question. https://drive.google.com/file/d/0B-AOAJtLKPhfOEJhR0RWRWtmT3BGVVljQUZaRko0Zkh2NDRr/view?usp=sharing

show journal entry (for part b) assuming estimate is considered to be accurate. and show a journal entry (from part b) assuming the amount is large enough to intentionally impact decision of users.

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