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Sales were $74,000. Cost of merchandise sold was 55% of sales. 35% of sales were for cash. [ Note: Record the complete sales entry first,

Sales were $74,000. Cost of merchandise sold was 55% of sales. 35% of sales were for cash. [Note: Record the complete sales entry first, and the complete expense entry second.]

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

Account: Dollar amount:

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