Sales-Related Transactions, Induding the Use of Credit Cards Journalize the entries for the following transactions: 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, $98,000. The cost of the goods sold was $58,800. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, $475,000. The cost of the goods sold was $280, x C Chart O old merchandise to customers who used MasterCard and VISA, $475,000. The cost of the goods sold was $280,000. (Record the sale first.) Sold merchandise to customers who used American Express, $63,000. The cost of the goods sold was $39,000. (Record the sale first.) an invcice from National Clearing House Credit Co. for $13,-450, representing a service fee pwid for processing MasterCard, VISa, and American Express sales 2 more Check My Work uses remning Previous Next All work saved a e Pr1SG Insert 5 6 7 8 9 0 8