Sales-Related Transactions, Including the Use of Credit Cards Journalize the entries for the following transactions: a. Sold merchandise for cash, $25,160. The cost of the merchandise sold was $15,100. (Record the sale first.) b. Sold merchandise on account, $13,830. The cost of the merchandise sold was $8,300. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $103,940. The cost of the merchandise sold was $62,360. (Recc first.) c. Sold merchandise to customers who used MasterCard and VISA, $103,940. The cost of the merchandise sold was $62,360. (Record the sale