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a. Sold merchandise for cash, $19,530. The cost of the goods sold was $11,720. (Record the sale first.) b. Sold merchandise on account, $8,310.

a. Sold merchandise for cash, $19,530. The cost of the goods sold was $11,720. (Record the sale first.) b. Sold merchandise on account, $8,310. The cost of the goods sold was $4,990. (Record the sale first.)

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The image you sent depicts two journal entries about sales transactions The first transaction records the sale of merchandise for cash of 19530 The cost of the goods sold was 11720 This means that the ... blur-text-image

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