Mar Journalize the entries for the following transactions. Revor to the chart of accounts for the exact wording of the account bles. CNOW Journals do not use tines for journal explanations Every line on a joumal pape is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. (Note the company usos a chearinghouse to take care of al bank as well as non-bank credit cards used by its customers.) + Sold merchandise for cash $31.000. The cost ot the merchandise.sold was $12,640 10 Sold merchandise on nooount, $259,000. The cost of the merchandise sold was $109,600. 12 Sold merchardue to customers who used MasterCard and VISA, 318,000. The cost of the merchandise sold wa 561,200 Sold merchandise to customers who used American Express, 873,800 The cost of the merchandise Bold was $20,520 Paid $8,000, to National Clearing House Credit Co. for service foes for processing MasterCard, VISA and American Express sales 17 31 Joumaize the entries for the March transactions. Refer to the chart of accounts for the exact wording of the account bles. CNOW journals do not use lines for journal explanations, Every time on a jouma page is used for dobit or credit entries. CNOW /oumals will automatically indent a credit onby when a credit amount is entered PAGE 10 JOURNAL ACCOUNTING EQUATION BATE DESCRIPTION POST MER DEBIT CREDIT ASSETS LIABILITIES EQUITY