ccount: Dollar amount: ccount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount

Transaction 5 sales were $70,000. Account: Account: Account: Account: Account: Account: Cost of merchandise sold was 50% of sales. Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: 30% of sales were for cash. [Note: Record the complete sales entry and the complete expense entry second.)