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, $25,560. The cost of the goods sold was $15,340. (Record the sale first.) b. Sold merchandise on account, $13,030. The cost of the goods sold was $7,820. (Record the sale first.) d. Sold merchandise to customers who used American Express, $51,660. The cost of the goods sold was $31,000. (Record the sale first.) e. Received and paid an invoice from National Clearing House Credit Co. for $7,920, representing a service fee paid for processing MasterCard, VISA, and American Express sales