Sales-Related Transactions, Including the Use of Credit Cards Journalize the entries for the following transactions: a. Sold merchandise for cash, $18,280. The cost of the goods sold was $10,970. (Record the sale first.) b. Sold merchandise on account, $12,660. The cost of the goods sold was $7,600. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $104,930. The cost of the goods sold was $62,960. (Record the sale first.) 0 0 10 000 100 d. Sold merchandise to customers who used American Express, $44,710. The cost of the goods sold was $26,830. (Record the sale first.)