sales-Related Iransactions, Including the use of Journalize the entries for the following transactions: a. Sold merchandise for cash, $26,250. The cost of the merchandise sold was $15,750. (Record the sale first.) 38 b. Sold merchandise on account, $8,230. The cost of the merchandise sold was $4,940. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $108,010. The cost of the merchandise sold was $64,810. (Record the sale first.) 38 c. old merchandise to customers who used MasterCard and VISA, $108,010. The cost of the merchandise sold was $64,810. (Record the sale first.) 38 d. Sold merchandise to customers who used American Express, $45,090. The cost of the merchandise sold was $27,050. (Record the sale first.) 38 88 e. Paid $8,140 to National Clearing House Credit Co. for service fees for processing MasterCard, VISA, and American Express sales.