Homework Answers
| Date | General Journal | Debit | Credit |
| Apr 08 | Cash | $8,448 | |
| Credit Card Expense | $352 | ||
| Sales | $8,800 | ||
| Apr 08 | Cost of goods sold | $6,503 | |
| Merchandise inventory | $6,503 | ||
| Apr 12 | Accounts receivable- Continental | $9,750 | |
| Credit card expense | $250 | ||
| Sales | $10,000 | ||
| Apr 12 | Cost of Goods Sold | $6,480 | |
| Merchandise Inventory | $6,480 |
Add Answer to:
Levine Company uses the perpetual inventory system Apr. 8 Sold merchandise for $8,800 (that had cost $6,503) and...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,500 (that had cost...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,500 (that had cost $4,065) and accepted the customer's Suntrust Bank Card. Suntrust charges a 48 fee. 12 Sold merchandise for $3,200 (that had cost $2,074) and accepted the customer's Continental Card. Continental charges a 2.58 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 Journal entry worksheet 2 3 4...
Levine Company uses the perpetual inventory system. Apr. 1.42 points 8 Sold merchandise for $4,100 (that...
Levine Company uses the perpetual inventory system. Apr. 1.42 points 8 Sold merchandise for $4,100 (that had cost $3,030) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $9,600 (that had cost $6,221) 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.) eBook View transaction list Hint Journal entry...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,800 (that had cost...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,800 (that had cost $4,286) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $5,000 (that had cost $3,240) 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.) Journal entry Worksheet 2 3 4 Sold merchandise for...
Levine Company uses the perpetual inventory system. 8 Sold merchandise for $7,400 (that had cost $5,469)...
Levine Company uses the perpetual inventory system. 8 Sold merchandise for $7,400 (that had cost $5,469) and accepted the custoner's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold nerchandise for $3,800 (that had cost $2,462) and accepted the custoner's Continental Card. Continental charges a 2.5% fee. Apr. 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 Journal entry worksheet < 1 3...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $8,800 (that had cost...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $8,800 (that had cost $6,503) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $8,600 (that had cost $5,573) 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.)
up lomework Saved Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the...
up lomework Saved Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $6,200 (that had cost $4,582) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $6,400 (that had cost $4,147) and accepted the customer's Continental Card. Continental charges a 2.58 fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest...
Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system...
Exercise 9-2 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 Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. Apr. 8 Sold merchandise for $4,600 (that had cost $2,956) and accepted the customer's Suntrust Bank...
Exerclse 7-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory s...
It said april 12 Accounts recievable- continental was wrong.
Exerclse 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 Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. Apr. 8 Sold merchandise for $8,48 (that...
Levine Company uses the perpetual inventory system and allows customers to use two credit cards in...
Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 25% charge on sales for using its card. Apr. 8 Sold merchandise for $7,500 (that had cost $5,543) and accepted the customer's Suntrust Bank Card. 12 Sold merchandise for $4,600 (that had cost...
Levine Company uses the perpetual inventory system and allows customers to use two credit cards in...
Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, Levine receives an immediate credit to its account when it deposits sales receipts. Suntrust assesses a 4% service charge for credit card sales. The second credit card that Levin accepts is Continental Card. Levin sends its accumulated receipts to Continental on a weekly basis and is paid by Continental a week later. Continental assesses a 2.5% charge...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,500 (that had cost $4,065) and accepted the customer's Suntrust Bank Card. Suntrust charges a 48 fee. 12 Sold merchandise for $3,200 (that had cost $2,074) and accepted the customer's Continental Card. Continental charges a 2.58 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 Journal entry worksheet 2 3 4...
Levine Company uses the perpetual inventory system. Apr. 1.42 points 8 Sold merchandise for $4,100 (that had cost $3,030) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $9,600 (that had cost $6,221) 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.) eBook View transaction list Hint Journal entry...
Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $5,800 (that had cost $4,286) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $5,000 (that had cost $3,240) 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.) Journal entry Worksheet 2 3 4 Sold merchandise for...
Levine Company uses the perpetual inventory system. 8 Sold merchandise for $7,400 (that had cost $5,469) and accepted the custoner's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold nerchandise for $3,800 (that had cost $2,462) and accepted the custoner's Continental Card. Continental charges a 2.5% fee. Apr. 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 Journal entry worksheet < 1 3...
up lomework Saved Exercise 9-2 Accounting for credit card sales LO C1 Levine Company uses the perpetual inventory system. Apr. 8 Sold merchandise for $6,200 (that had cost $4,582) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $6,400 (that had cost $4,147) and accepted the customer's Continental Card. Continental charges a 2.58 fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest...
Exercise 9-2 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 Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. Apr. 8 Sold merchandise for $4,600 (that had cost $2,956) and accepted the customer's Suntrust Bank...
It said april 12 Accounts recievable- continental was wrong.
Exerclse 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 Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 2.5% charge on sales for using its card. Apr. 8 Sold merchandise for $8,48 (that...
Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, a 4% service charge for credit card sales is assessed. The second credit card that Levine accepts is the Continental Card. Continental assesses a 25% charge on sales for using its card. Apr. 8 Sold merchandise for $7,500 (that had cost $5,543) and accepted the customer's Suntrust Bank Card. 12 Sold merchandise for $4,600 (that had cost...
Levine Company uses the perpetual inventory system and allows customers to use two credit cards in charging purchases. With the Suntrust Bank Card, Levine receives an immediate credit to its account when it deposits sales receipts. Suntrust assesses a 4% service charge for credit card sales. The second credit card that Levin accepts is Continental Card. Levin sends its accumulated receipts to Continental on a weekly basis and is paid by Continental a week later. Continental assesses a 2.5% charge...
Most questions answered within 3 hours.
-
Two units of measurement for energy are calories and joules. The
measurement of 8.75 kcal is...
asked 8 minutes ago -
If real GDP for the United States in 2019 is $8.4
trillion and if real GDP...
asked 13 minutes ago -
I'd like you to review a purported promissory note and a
purported certified check. Analyze both...
asked 14 minutes ago -
hello there ,, can anyone give the solution of this
Assuming a graph is represented as...
asked 51 minutes ago -
For Biswell Company, variable costs are 70% of sales and fixed
costs are $188,400. Calculate the...
asked 57 minutes ago -
What is the vapor pressure of the solution if 18.0 g of water is
dissolved in...
asked 1 hour ago -
Somatic mosaics result from:
a) chromosomes that do not replicate during S phase
b) a byproduct...
asked 1 hour ago -
Two forces of magnitudes 9.0 N and 12.0 N act on an object.
What is the...
asked 1 hour ago -
Given the Boolean function F=
xy'z+x'y'z+xyz
a.List the truth table of the function.
b.Draw the logic...
asked 1 hour ago -
BACKGROUND
Movie Review sites collect reviews and will often provide some
sort of average review to...
asked 1 hour ago -
A union employee does not fall under the employment-at-will
doctrine. True or False
asked 1 hour ago -
Determine whether each of the following statements is
TRUE or FALSE, and write a short explanation...
asked 1 hour ago