Required information [The following iniormation applies to the questions displayed below] Suppose your company sells goods for $490, of which $295 is received in cash and $195 is on account. The goods cost your company $163 and were paid for in a previous period. Your company also recorded salaries and wages of $165, of which only $49 has been paid in cash. Record the sales revenue of $295 for cash and $195 on account and record the cost of goods sold of $163 using one journal entry. Note: Enter debits before credits. Record the salaries and wages expense of $165. Note: Enter debits before credits