Sales-Related Transactions, including the use of Credit Cards Journalize the entries for the following transactions: a. Sold merchandise for cash, $20,100. The cost of the merchandise sold was $12,060. (Record the sale first.) b. Sold merchandise on account, $7,500. The cost of the merchandise sold was $4,500. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $121,580. The cost of the merchandise sold was $72,950. (Record the sale first.) d. Sold merchandise to customers who used American Express, $34,400. The cost of the merchandise sold was $20,640. (Record the sale first.) b. Sold merchandise on account, $7,500. The cost of the merchandise sold was $4,500. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $121,580. The cost of the merchandise sold was $72,950. (Record the sale first.) d. Sold merchandise to customers who used American Express, $34,400. The cost of the merchandise sold was $20,640. (Record the sale first.) e. Paid $6,230 to National Clearing House Credit Co. for service fees for processing MasterCard VISA ATT