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, $25,000. The cost of the goods sold was $17,500. (Record the sale first.) b. Sold merchandise on account, 598,000 . The cost of the goods nold was 358,800 . (Record the sale first.) Sold merchandise to customers who used MasterCard and VISA, $475,000. The cost of the goods sold was $280,000. (Record the saie first.) d. Sold merchandise to customers who used American Express, $63,000. The cost of the goods sold was $39,000. (Record the saie first) e. Received and paid an invelice from National Clearing House Credit Co. for $13,450 representing a service fee paid for-processing MasterCard, VISA, and American Express sales