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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
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 a. Sold merchandise for cash, $21,380. The cost of the goods sold was $12,830. (Record the sale first Cash Sales Cost of Goods Sold Inventory Feedback Accounts Receivable Check My Work (a-d) Record transactions from the seller's perspective. Keep in mind that two entries are requir for the cost of the merchandise sold and inventory. Sales b. Sold merchandise on account, $9,610. The cost of the goods sold was $5,770. (Record the sale firs Cost of Goods Sold Inventory 100 Feedback 00 00 4 Check My Work (a-d) Record transactions from the seller's perspective. Keep in mind that two entries are requi for the cost of the merchandise sold and inventory. c. Sold merchandise to customers who used MasterCard and VISA, $122,560. The cost of the goods D
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