Sales were $66,000. Merchandise was sold for 1.5 times its purchase cost. 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] Dollar amount: ccount: Accounts ReceivableDollar amount: Account: Retained Earnings Dor amount: Dollar amount: Dollar amount: Dollar amount: Account: Cash Account: Inventory Account Retained Earnings Account: Leave Blank