Journalists the entries to record the following selected transactions

Obj. 2 EX 5-8 Sales-related transactions, including the use of credit cards Journalize the entries for the following transactions: A. Sold merchandise for cash, $25,000. The cost of the goods sold was $17,500 B. Sold merchandise on account, $98,000. The cost of the goods sold was $58,800 C. Sold merchandise to customers who used MasterCard and VISA, $475,000. The cost of the goods sold was $280,000. D. Sold merchandise to customers who used American Express, $63,000. E. Received an invoice from National Clearing House Credit Co. for $13,450 representing a service fee paid for The cost of the goods sold was $39,000. processing MasterCard, VISA, and American Express sales Obj. 2 EX 5-9 Customer refund Senger Company sold merchandise of $15,500, terms 2/10, n/30, to Burris Inc. on April 23. Burris paid Senger for the merchandise on May 2. On May 12, Senger paid Burris $650 for costs incurred by Burris to repair defective merchandise. (A) Journalize the entry by Senger Company to record the customer refund to Burris Inc. (B) Assume that instead of paying Burris cash, Senger issued a credit memo to Burris to be used against Burris's outstanding account receivable balance. Journalize the entry by Senger Company to record the issuance of the credit memo. EX 5-10 Customer return and refund On December 28, Silverman Enterprises sold $18,500 of merchandise to Beasley Co. with terms 2/10, n/30. The cost of the goods sold was $11,200. On December 31, Silverman prepared its adjusting entries, yearly financial statements, and closing entries. On January 3, Silverman issued cost Silverman $2,350 and was billed (invoiced) for $4,000 with terms 2/10 nalize the entries by Silverman Enterprises to record the December 28 sale. Beasle balance due on January 7. (B) Journalize th merchandise returned January 3. (C) due by Beasley Co. on January 7 Obj. 2 Beasley a credit memo for returned merchandise. The returned merchandise originally , n/30. (A) Jour y paid the e entries by Silverman Enterprises to record the Journalize the entry to record the receipt of the amount