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could you help me solve this accountanting problem PRoblems A-E Sales-Related Transactions, Incuding the Use of Credit Cards Joumalize the entries for the following transactions:

could you help me solve this accountanting problem PRoblems A-E image text in transcribed
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Sales-Related Transactions, Incuding the Use of Credit Cards Joumalize the entries for the following transactions: If an amount box does not require an entry, leave it blank. a. Sold merchandise for cash, $116,300. The cost of the merchandise sold was $72,000. (Record the sale first.) b. Sold merchandise on account, $755,000. The cost of the merchandise sold was $400,000. (Record the sale first.) C. Sold merchandise to customers who used MasterCard and VisA, $1,950,000. The cost of the merchandise sold was $1,250,000. (Record the saie first.) d. Sold merchandise to customers who used American Express, $330,000. The cost of the merchandist sold was $230,000. (Recoid the sale first) C. Paid \$81,500 to National Clearing House Credit Co. for service fees for processing MasteiCard, VISA, and Amencan Express sales

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