Sales-Related Transactions, Including the Use of Credit Cards Journalize the entries for the following transactions: (If an amount box does not require an entry, leave it blank.) a. Sold merchandise for cash, $22,570. The cost of the goods sold was $13,540. (Record the sale first.) b. Sold merchandise on account, $10,120. The cost of the goods sold was $6,070. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $121,400. The cost of the goods sold was $72,840. (Record the sale first.) d. Sold merchandise to customers who used American Express, $44,010. The cost of the goods sold was $26,410. (Record the sale first.) e. Received and paid an invoice from National Clearing House Credit Co. for $7,000, representing a service fee paid for processing MasterCard, VISA, and American Express sales