Accounting on credit card sales

Question Answered step-by-step Accounting on credit card sales Accounting on credit card sales Image transcription textExercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system.Apr. 8 Sold merchandise for $5,300 (that had cost $3,917) and accepted the customer’s Suntrust Bank Card.Suntrust charges a 4% fee . 12 Sold merchandise for $4, 200 (that had cost $2, 722) and accepte… Show more… Show more Business Accounting ACCOUNTING 291T Share QuestionEmailCopy link Comments (0)