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Problem #5: Cash Sales Sept 8. Sold merchandise for $12,960 cash. The cost of the merchandise was $9,920. Date Accounts Dr Cr Problem #6: Sales

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Problem #5: Cash Sales Sept 8. Sold merchandise for $12,960 cash. The cost of the merchandise was $9,920. Date Accounts Dr Cr Problem #6: Sales using Bank Credit Cards Jan 12, sold merchandise on VISA, $510,000. The cost of the merchandise was $398,500 Date Accounts Dr Cr Jan 31, paid VISA service fee of $7,650

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