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, $18,170. The cost of the goods sold was $10,900. (Record the sale first.) Cash 0 Sales Cost of Goods Sold Inventory 0 Foedback b. Sold merchandise on account, $9,130. The cost of the goods sold was $5,480. (Record the sale first.) Accounts Receivable 0 Sales 0 Cost of Goods Sold Inventory 1. c. Sold merchandise to customers who used MasterCard and VISA, $112,590. The cost of the goods sold was $67,550. (Record the sale first.) Cash 0 Sales 0 Cost of Goods Sold Inventory 0 Feedback d. Sold merchandise to customers who used American Express, $39,180. The cost of the goods sold was $23,510. (Record the sale first.) Cash Sales 0 Cost of Goods Sold Inventory 0 e. Received and paid an invoice from National Clearing House Credit Co. for $5,630, representing a service fee paid for processing MasterCard, VISA, and American Express sales. Credit Card Expense Cash