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, $21,980. The cost of the goods sold was $13,190. (Record the sale first.) Account Debit Credit b. Sold merchandise on account, $10,200. The cost of the goods sold was $6,120. (Record the sale first.) Account Debit Credit c. Sold merchandise to customers who used MasterCard and VISA, $116,750. The cost of the goods sold was $70,050. (Record the sale first.) Account Debit Credit d. Sold merchandise to customers who used American Express, $36,730. The cost of the goods sold was $22,040. (Record the sale first.) Account Debit Credit e. Received and paid an invoice from National Clearing House Credit Co. for $6,810, representing a service fee paid for processing MasterCard, VISA, and American Express sales. Account Debit Credit