May 10: Sold merchandise for cash, $54,000. The cost of the merchandise sold was $ Post. Description Debit Credit Ref. Cash fill in the blank 38 fill in the blank 39 Sales fill in the blank 41 fill in the blank 42 Cost of Merchandise Sold fill in the blank 44 fill in the blank 45 Merchandise Inventory fill in the blank 47 fill in the blank 48 May 13: Paid for merchandise purchased on May 3. Description Post. Debit Credit Ref. Accounts Payable-Martin fill in the blank 50 fill in the blank 51 Co. Cash fill in the blank 53 fill in the blank 54