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Sales were $66,000. Cost of merchandise sold was 50% of its sales price. 60% of the sales were on open account. [Note: Record the complete

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Sales were $66,000. Cost of merchandise sold was 50% of its sales price. 60% of the sales were on open account. [Note: Record the complete entry for the sales first and the complete entry for the expenses second] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Dollar amount: Account: Account: Dollar amount: Account: Dollar amount: Cash Accounts Receivable bmitted. Tries 0/8 Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Send Feedback Wages Payable Paid-in Capital Retained Earnings Leave Blank

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