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Salesrelated transactions, including the use of credit cards
Journalize the entries for the following transactions: If an amount box does not require an entry, leave it blank.
a Sold merchandise for cash, $ The cost of the goods sold was $Record the sale first.
b Sold merchandise on account, $ The cost of the goods sold was $Record the sale first.
c Sold merchandise to customers who used MasterCard and VISA, $ The cost of the goods sold was $Record the sale first.
d Sold merchandise to customers who used American Express, $ The cost of the goods sold was $Record the sale first.
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