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, $22,360. The cost of the goods sold was $13,420. (Record the sale first.) Account Debit Credit b. Sold merchandise on account, $7,700. The cost of the goods sold was $4,620. (Record the sale first.) Debit Credit Account c. Sold merchandise to customers who used MasterCard and VISA, $124,550. The cost of the goods sold was $74,730. (Record the sale first.) Debit Credit Account d. Sold merchandise to customers who used American Express, $49,760. The cost of the goods sold was $29,860. (Record the sale first.) Debit Credit Account e. Received and paid an invoice from National Clearing House Credit Co. for $6,930, representing a service fee paid for processing MasterCard, VISA, and American Express sales. Account Debit Credit