Sales were $66,000. Cost of merchandise sold was 60% of its sales price. 35% of the sales were for cash. [Note: Record the complete entry for the sales first and the complete entry for the expenses second](choose an option for the account and answer the dollar amount based on the account

1) Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

2)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

3)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

4)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank

5)Account: Dollar Amount:

A)Cash b) Account receivable C) Inventory D) Repaid rent E) Fixture and Equipment F) Account Payable G) Interest Payable H) Wages payable I) Notes payable K) Paid-in capital L) Retained Earning M) Leave Blank