2:41 s2.lite.msu.edu Survey of Accounting Concepts Main Menu contents Grades Course Contents MODULE 3 PROBLEMS . Notes Timer Evaluate Feedback Print Info Transaction 5 Sales were $66,000. Cost of merchandise sold was 75% of sales. 60% of sales were on open account. [Note: Record the complete entry for the sales first and the complete entry for the expenses second] Account: Dollar amount: Dollar Account: amount: Account: Dollar amount: Dollar Account: amount: Account: Dollar amount: Account: Dollar amount: Submit Answer Tries 0/5 My general preferences on what is marked as NEW Mark NEW posts no longer new Threaded View Chronological View Other Views . Export