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, $24,650. The cost of the goods sold was $14,790. (Record the sale first.) b. Sold merchandise on account, $11,630. The cost of the goods sold was $6,980. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $106,580. The cost of the goods sold was $63,950. (Record the sale first.) d. Sold merchandise to customers who used American Express, $45,420. The cost of the goods sold was $27,250. (Record the sale first.) e. Received and paid an invoice from National Clearing House Credit Co. for $7,640, representing a service fee paid for processing MasterCard, VISA, and American Expres sales